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General Dynamics (NYSE: GD) has concluded its approximately $9.7 billion acquisition of CSRA (NYSE: CSRA) in a push to establish a combined government information technology services contractor. CSRA will operate as part of General Dynamics™ IT business and will stop trading on the New York Stock Exchange as a result of the transaction, Ge...

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. œWe will continue our aggressive pursuit of strategic opportunities, judiciously and without engaging in auctions at uneconomic levels, CACI CEO Ken Asbury said in a statement published ...

United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a $239.7 million contract from the U.S. Navy to obtain long-lead materials, parts and components for the low-rate initial production of lot 12 F135 propulsion systems. The advanced acquisition contract will fund 46 F135-PW-100 engines f...

Weekly Roundup March 19 – March 23, 2018 Click here to see Real-Time GovCon Sector Quotes Wash100 Update & the CSRA Acquisition  Jim Garrettson, Executive Mosaic CEO The popular vote for the Wash100 continues this week! Voting turn out has been strong since the January 25th launch of the popular vote, and all of us...

Weekly Roundup March 12 – March 16, 2018 Click here to see Real-Time GovCon Sector Quotes Wash100 Update & Recent Contract Activity Jim Garrettson, Executive Mosaic CEO The popular vote for the Wash100 continues this week! Turn out has been fantastic since the Wash100 popular vote polls opened on January 25th. Please visit the Wa...

The U.S. Navy has awarded 5 companies spots on a potential $225.8 million contract to provide a administrative, technical, programmatic and financial services to the Defense Advanced Research Projects Agency‘s Tactical Technology Office. The Defense Department said Monday the multiple-award contract has an initial value of $204.3 mil...

TYSONS CORNER, VA, Feb. 15, 2018 ” Symantec (Nasdaq: SYMC) has secured certification for its cloud-based email security service offering for government agencies under the Federal Risk and Authorization Management Program, ExecutiveBiz reported Wednesday. Chris Townsend, vice president pf Symantec’s federal business, wrote in a blog e...

General Dynamics (NYSE: GD) has agreed to acquire CSRA (NYSE: CSRA) for approximately $9.6 billion in a move to form a combined information technology platforms provider in the government IT services sector. General Dynamics said Monday it will pay $40.75 in cash for each share of CSRA stock and assume $2.8 billion in net debt...