Tag Archives: CSRA

CACI International (NYSE: CACI) has made a series of leadership changes to support its expanding work with the U.S. Navy following its $84M acquisition of General Dynamics‘ (NYSE: GD) systems engineering and acquisition services business unit in August. Jimmy Norcross, formerly head of asset and supply chain division at CACI’s business systems, has been …

Leigh Palmer, formerly senior vice president of the national security division at General Dynamics‘ (NYSE: GD) information technology business, has succeeded Ken Deutsch as SVP of defense portfolio within the same unit, the Washington Business Journal reported Friday. Palmer led CSRA‘s intelligence group before its acquisition by General Dynamics through …

CACI International (NYSE: CACI) has closed its purchase of CSRA’s former systems engineering and acquisition services business unit from General Dynamics (NYSE: GD) for $84M to expand support work for the U.S. Navy. Arlington, Va.-based CACI said Thursday it expects the acquisition to add approximately $150M to its revenue for fiscal 2019 and …

CACI International (NYSE: CACI) posted $4.46 billion in revenue for the full fiscal year 2018 that ended June 30, up 2.6 percent from $4.35 billion in FY 2017. The company said Wednesday it recorded a net income of $301.2 million for fiscal 2018 and $340.7 million in FY 2018 operating …

CACI International (NYSE: CACI) has agreed to purchase a General Dynamics (NYSE: GD) business unit for approximately $80 million, the Washington Business Journal reported Tuesday. Sources said the transaction involves CSRA’s former systems engineering and acquisition services unit that performed work for Naval Sea Systems Command and was acquired by General …

Fifteen companies have landed spots on the unrestricted full-and-open track of a potential nine-year, $28 billion contract vehicle for technology research and development services to the Defense Department. DoD said Tuesday this group of contractors may vie for at least $15 million in task orders under Pool 1 of the Defense Technical Information Center’s Information Analysis …

Sally Sullivan, a former CSRA executive, has joined Raytheon (NYSE: RTN) as vice president of U.S. business development. Sullivan previously served as executive VP for the homeland security group at CSRA, which is now part of General Dynamics’ (NYSE: GD) information technology business after the latter completed its purchase in April, …

The U.S. Navy has awarded 22 companies spots on a potential five-year, $980 million contract to design, build and manufacture training systems and related devices. The service received 40 proposals for the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract that will run through November 2023, the Defense Department said Friday. The contractors will …

A new PwC report says the value of merger and acquisition deals in the global aerospace and defense industry reached $24.2 billion during the first half of 2018, a figure that reflects a 30 percent rise over the same period last year. PwC said the number of M&A transactions in the A&D sector dropped by 17 …

Weekly Roundup July 16 – July 20, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories Jim Garrettson, Executive Mosaic CEO       L3 Technologies Enjoys Strong M&A Activity in July This week, I’d like to highlight L3 Technologies which has engaged in …