Tag Archives: CSRA

Weekly Roundup April 9 – April 13, 2018 Click here to see Real-Time GovCon Sector Quotes   GDIT Adds Former CSRA Execs, More Industry Executive Moves & Wash100 Update   Jim Garrettson, Executive Mosaic CEO This week, General Dynamics Information Technology added five former CSRA executives to its leadership, following the April 3rd completion of its $9.7 billion purchase of …

General Dynamics (NYSE: GD) has named five former CSRA executives to its information technology business’ leadership team after it completed its approximately $9.7 billion acquisition of the Falls Church, Virginia-based government IT services contractor early this month, the Washington Business Journal reported Monday. Amy Gilliland, a 2018 Wash100 recipient, serves …

KippsDeSanto & Co. said it believes General Dynamics’ (NYSE: GD) acquisition of CSRA shows the continued focus of government technology sector buyers on efforts to build up scale and expand next-generation information technology capabilities through mergers and acquisitions. General Dynamics’ IT business will realize approximately $10 billion in annual revenue following …

The U.S. Navy has initiated several measures to avoid any potential organizational conflict of interest that may emerge following the completion of General Dynamics’ (NYSE: GD) $9.7 billion acquisition of CSRA. The Naval Sea Systems Command said Tuesday it asked General Dynamics and CSRA to hand over to a third party …

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 …

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. “We 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 …

TYSONS CORNER, VA, March 26, 2018 — CSRA (NYSE: CSRA) has joined Google‘s Cloud Partner Program as part of the former’s effort to expand its information technology portfolio for government customers, ExecutiveBiz reported Friday. The partnership will work to leverage CSRA’s knowledge of mission requirements and Google’s cloud platform in …

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 …

General Dynamics (NYSE: GD) has increased the value of its proposal to acquire CSRA (NYSE: CSRA) from $40.75 per share to $41.25 per share, or approximately $6.9 billion in cash, under an amended merger agreement. General Dynamics said Tuesday it will also assume $2.8 billion in net debt from the …

TYSONS CORNER, VA, March 19, 2018 — A CSRA (NYSE: CSRA) subsidiary will work to secure information technology engineering work under the Department of Health and Human Services‘ potential $139 million Next-Generation IT Services blanket purchase agreement, ExecutiveBiz reported. The company said SRA International was selected to be part of the BPA for …