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Search Results for: CSRA

Executive Mosaic’s Weekly GovCon Round-up: GDIT Adds Former CSRA Execs, More Industry Executive Moves & Wash100 Update

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 …

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General Dynamics adds former CSRA execs to combined organization’s leadership team

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 …

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NAVSEA Moves to Address Potential OCI in General Dynamics-CSRA Combination

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 …

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General Dynamics Closes $9.7B CSRA Purchase

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 …

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CACI Drops Acquisition Bid for CSRA; Ken Asbury Comments

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion.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

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CSRA Eyes Gov’t IT Service Expansion as Member of Google Cloud Partner Program

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 …

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Executive Mosaic’s Weekly GovCon Round-up: Wash100 Update & the CSRA Acquisition

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 …

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General Dynamics Raises Offer to Acquire CSRA

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 …

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CSRA Subsidiary Eyes Work Under HHS IT Engineering BPA; Kamal Narang Comments

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 …

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CACI Offers $7.2B Cash & Stock for CSRA

CACI International (NYSE: CACI) has offered to acquire CSRA (NYSE: CSRA) for approximately $7.2 billion in cash and stock, or $44.00 per share, in a bid to form a combined entity that will deliver mission services and enterprise support offerings to government clients. Arlington, Virginia-based CACI said Sunday its board …

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