FALLS CHURCH, Va., April 3, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). Transaction Overview . This is General Dynamics’ biggest acquisition to date; the previous record-setter was 20 years ago, when General Dynamics purchased jet-maker Gulfstream. General Dynamics (GD) offers products and services in business aviation, including combat vehicles, weapons systems, munitions and shipbuilding. Acquired Organization: CSRA CSRA provides a range of IT solutions and professional services, including safety, health, and security to their customers. Industry Moves By Fed Health Executives in December 2020, Citrix seeking Enterprise Relationship Manager, HHS, Pleiotek scores DHA Next Generation Operational Mobile Medicine Application and Integration Platform Phase II follow-on, Protests: $126M VA Electronic Data Interchange transactions & paper-based Health claims (EDI P2E) support contract, HHS OASH recruits longtime USPTO IT lead to be Director of IT Operations. On Febru… FALLS CHURCH, Va. – General Dynamics and CSRA today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. The combined entity will be one of the largest players in the government technology market. * general dynamics corp - deal accretive to earnings and free cash flow per share in 2019 BRIEF-General Dynamics To Acquire CSRA For $9.6 Bln | Reuters Discover Thomson Reuters FALLS CHURCH, Va. – General Dynamics and CSRA today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. The parent company of General Dynamics Information Technology (GDIT) paid $9.7 billion in 2018 for CSRA, approximately doubling the size of the … The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per … You have entered an incorrect email address! While the historical results were merely backtested, 2018 has gotten off to a tremendous start. General Dynamics has completed its acquisition of CSRA Inc. Jackie Gilbert is a Content Analyst for FedHealthIT. General Dynamics will buy all outstanding shares of CSRA for $40.75 in cash for a total of $9.6 billion. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more FALLS CHURCH, Va. – General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). According to GD, the transaction is expected to add to GAAP earnings per share and to free cash flow per share next year. WASHINGTON ― Information technology specialist CACI has submitted an unsolicited proposal to CSRA to acquire all outstanding shares of the latter’s common stock, potentially disrupting up a $9.6 billion acquisition of CSRA by General Dynamics.. “The acquisition of CSRA represents a significant strategic step in expanding the capabilities and customer base of GDIT,” said Phebe Novakovic, chairman and chief executive of General Dynamics. Overview. The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per … employees, and customers of the Falls Church, VA-based company, according to Larry Prior (pictured above), CEO and president of CSRA. The transaction is valued at $9.6 billion. WASHINGTON – General Dynamics has completed a roughly $9.7 billion acquisition of IT services giant CSRA. General Dynamics (NYSE: GD) said Monday it would acquire CSRA Inc. (NYSE: CSRA) for $6.8 billion in cash plus $2.8 billion in debt in a move that creates the … If General Dynamics’ $9.7 billion acquisition of CSRA goes forward, the company will be the federal government’s largest technology services provider by a wide margin. General Dynamics has completed its acquisition of CSRA Inc. Save. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. You make it your own by embracing autonomy, seizing opportunity, and being trusted to deliver your best every day. CSRA's shares jumped … FALLS CHURCH, Va., April 3, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). Including the assumption of debt, the deal is worth $9.6 billion General Dynamics has completed its acquisition of CSRA Inc. General Dynamics has completed its acquisition of CSRA Inc. The potential deal comes a month after General Dynamics said it sought to swallow up CSRA for $6.8 billion cash and $2.8 billion debt. “CSRA’s management team has created an outstanding provider of innovative, next-generation IT solutions with industry-leading margins. The transaction, valued at approximately $9.7 billion, is expected to generate estimated annual pre-tax cost savings of approximately 2% of the combined company’s revenue by 2020. 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The proposal announced Sunday includes a combination of CACI common stock and cash, totaling $44 per share ($29 CACI stock, plus $15 cash). The new business adds almost 1,000 employees to CACI, Ken Asbury, CACI's chief executive, said in a call with analysts today. CSRA is now officially a part of General Dynamics Information Technology. General Dynamics has completed its acquisition of CSRA Inc. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. The transaction is valued at $9.6 billion. General Dynamics has acquired CSRA, a provider of technology and cybersecurity solutions for government. The transaction is valued at approximately $9.7 billion. Target Advisors: Evercore and Macquarie Capital. General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). General Dynamics to Acquire CSRA for $9.6 Billion, (Source: General Dynamics; issued Feb 12, 2018). The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per share and to free cash flow per share in 2019, and is expected to generate estimated annual pre-tax cost savings of approximately 2 percent of the combined company’s revenue by 2020.”, “CSRA is now part of General Dynamics Information Technology. China Has the World's Largest Navy - What Now for the US? The transaction, valued at approximately $9.7 billion, is... Resources In mid-March, the once-private bidding war for CSRA came became public after CACI International announced a $7.2 billion cash-and-stock offer that sought to … CSRA was formed through a merger of CSC's North American Public Sector business and SRA International (formerly Systems Research and Applications Corporation) on November 30, 2015, and the company began trading on the New York Stock Exchange under the stock symbol CSRA. “General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. “CSRA’s management team has created an outstanding provider of innovative, next-generation IT solutions with industry-leading margins. She plows through heaps of recent contract awards and keeps an eye out for key people moving jobs, in order to post the current news on both fronts, to keep our readers informed. FALLS CHURCH, Va., Feb. 12, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. The $6.8 billion deal hit a speed bump after CACI International intended to merge with CSRA in an attempt to knock General Dynamics out of the game. In a move aimed at gaining even more critical mass in its information technology services, General Dynamics has agreed to acquire CSRA in a deal valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per share and to free cash flow per share in 2019, and is expected to generate estimated annual pre-tax cost savings of approximately 2 percent of the combined company’s revenue by 2020. Announcement date: 02/18. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. CSRA provides services in support of … As of 2019, it was the fifth-largest defense contractor in the United States, and the sixth-largest in the world, by sales. "The acquisition of CSRA represents … On February 12, 2018, General Dynamics announced it was buying CSRA for about $9.6 billion. CSRA is now part of General Dynamics Information Technology. April 02, 2018. 2020 FedHealthIT.com Digital Sponsorships Released! "The acquisition of CSRA represents a significant strategic step in expanding the capabilities and customer base of GFIT," said Phebe Novakovic, chairman and chief executive officer of General Dynamics. General Dynamics has completed its acquisition of CSRA Inc. General Dynamics has completed its acquisition of CSRA Inc. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. The acquisition was completed in April 2018. FALLS CHURCH, Va. – General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. CACI International said today it has purchased General Dynamics' Navy systems engineering business, which GD had acquired through its purchase of CSRA. “CSRA’s management team has … The new business adds almost 1,000 employees to CACI, Ken Asbury, CACI's chief executive, said in a call with analysts today. The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per share and to free cash flow per share in 2019, and is expected to generate estimated annual pre-tax cost savings of approximately 2 percent of the combined … CSRA's shares jumped … General Dynamics has completed its acquisition of CSRA. General Dynamics (GD) has acquired federal information technology services provider CSRA in a $9.7bn all-cash deal. Summary. The transaction, valued at approximately $9.7 billion, is expected to generate estimated annual pre-tax cost savings of approximately 2% of the combined company’s revenue by 2020. General Dynamics acquires CSRA on 2018-02-12 for $6800000000. FALLS CHURCH, Va. General Dynamics has completed its previously announced acquisition of IT provider CSRA. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA … CTRL + SPACE for auto-complete. CSRA. General Dynamics believes this acquisition will help it to provide lower cost internet technology solutions. Advocates and Skeptics For CSRA’s part, the deal represents a positive outcome for stockholders. Source: General Dynamics Completes Acquisition of CSRA – April 3, 2018. US Spied on Denmark, Sweden in Lead-Up to F-35 Order: Report, US Air Force Prepares Further Revamp of Tanker Fleet, Selective Arithmetic Hides the F-35’s True Costs. General Dynamics will acquire all outstanding shares in CSRA for $40.75 in a transaction valued at $9.6 billion, which includes the assumption of $2.8 billion in CSRA debt. General Dynamics (GD) has acquired federal information technology services provider CSRA in a $9.7bn all-cash deal. General Dynamics Corporation (GD) is an American aerospace and defense corporation. A few weeks ago we highlighted Mohnish Pabrai’s S&P crushing Spinoff Portfolio. Acquirer: General Dynamics (NYSE:GD) Target: CSRA (NYSE: CSRA) Estimated value: $9.6 Bn. General Dynamics has completed its acquisition of CSRA. In mid-March, the once-private bidding war for CSRA came became public after CACI International announced a $7.2 billion cash-and-stock offer that sought to top General Dynamics’ … It is headquartered in Reston, Fairfax County, Virginia. Under the terms of the agreement, which has been unanimously approved by the boards of both companies, a subsidiary of General Dynamics will commence a … CSRA acquired by General Dynamics. CSRA, the 39th largest defense contractor on the … U.S. defense contractor CACI International Inc said on Sunday it had offered to merge with larger peer CSRA Inc, seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp. FALLS CHURCH, Va. – General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. FALLS CHURCH, Va. – General Dynamics and CSRA today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. “General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). FALLS CHURCH, Va., April 3, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). 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