Home / M&A Activity / Larry Prior: CSRA Targets Federal IT Modernization Projects as NES Buy Closes

Larry Prior: CSRA Targets Federal IT Modernization Projects as NES Buy Closes

CSRA (NYSE: CSRA) has closed its acquisition of NES Associates in a push to help government clients accelerate adoption of new information technology platforms for their digital transformation efforts.

Larry Prior

CSRA President and CEO Larry Prior first announced the deal at the company’s 2017 fiscal-year earnings call held May 24.

Prior, an inductee into Executive Mosaic’s Wash100 for 2017, said in a statement released Wednesday that Alexandria, Virginia-based NES will add network engineering platforms and service offerings to CSRA’s portfolio as the latter seeks large IT modernization opportunities in the federal market.

The closure comes three weeks after CSRA won a potential $498 million contract to support the first phase of the Defense Department‘s milCloud 2.0 private cloud infrastructure transition project.

NES currently holds prime positions on the IT Schedule 70; Global Information Grid Services Management-Engineering, Transition and Implementation; and Seaport-e contract vehicles.

Check Also

Lockheed-Raytheon JV Gets $95M Javelin Weapon FMS Contract Modification

A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) partnership will supply Javelin weapon equipment to six …

Kristen Mullins Named HighPoint Global Chief HR Officer

Kristen Mullins, formerly vice president of human resources at Oceus Networks, has joined citizen experience …

Subscribe to our Newsletter
I will subscribe later