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Tag Archives: SRA

Northrop CEO Eyes Tech Services Segment Reposition Versus Sale or Spinoff

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Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a realignment initiative …

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Larry Prior: CSRA to Watch for ‘Strategic Opportunities’ From CSC-HPE Deal, Targets $16B in FY 2017 Bids

CSRA

Government technology services contractor CSRA (NYSE: CSRA) will observe the merger of its former parent Computer Sciences Corp. (NYSE: CSC) with Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services segment for any potential opportunities, CSRA CEO Larry Prior told investors Wednesday. Falls Church, Virginia-based CSRA entered the market in November 2015 …

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Mike Lawrie: CSC Has ‘All Options’ on Table for HPE’s US Public Sector Arm Post-Merger

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Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is subject to a two-year non-compete agreement in the federal government field …

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CSRA 3Q Earnings Above, Revenue Below Street Outlook; Larry Prior Forecasts Increased Cloud & Big Data Activity

CSRA

CSRA (NYSE: CSRA) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings that exceeded Wall Street estimates and revenue below analyst expectations for the third quarter of its 2016 fiscal year and its first financial results statement as a publicly-traded company. The federal technology …

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Weekly Roundup Jan. 25 – Jan. 29 2016: Leidos The New ‘Big One’ After Lockheed IT Biz Merger & more

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Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings reports from …

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Weekly Roundup Jan. 18 – Jan. 22 2016: Analysts Call Defense Stocks Steady in Wild Market & more

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Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining …

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Weekly Roundup Jan 4 – Jan 8 2016: Slow Start for GovCon Stocks in 2016 & more

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Jan. 4 – Jan. 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Any thoughts that the start of 2016 would be smooth sailing for U.S. government contracting stocks and financial markets have quickly been cast aside as volatility from 2015’s second …

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CSRA Subsidiary Lands $35M Support Contract for USAF’s Ground Weapon System

CSRA

TYSONS CORNER, VA, January 6, 2016 — A CSRA (NYSE: CSRA) subsidiary has won a time-and-materials, firm-fixed-price, three-year contract worth $35 million from the U.S. Air Force for support to the Distributed Common Ground System, ExecutiveBiz reported Tuesday. The Defense Department said Monday SRA will provide management and maintenance services for the …

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Roundup of 2015: A Year Defined by Deals Ends w/ One in Congress & more

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Roundup of 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson (This is the last edition of the Roundup for 2015. Thank you for your readership and participation, have a great Christmas & New Year’s and see you again in 2016.) $15 …

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L-3 Agrees on $550M Gov’t Services Segment Sale to CACI

Computer-Engineering

New York City-based defense contractor L-3 Communications (NYSE: LLL) has agreed to sell its government services business segment to Arlington, Virginia-headquartered public sector services company CACI International (NYSE: CACI) for $550 million cash, the companies said Tuesday. The companies expect the transaction to close by March 2016 pending regulatory approvals and CACI said in investor slides …

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