Monday, February 12, 2018

General Dynamics to acquire CSRA in $9.6 billion deal

General Dynamics said Monday it would acquire CSRA Inc. for $6.8 billion in cash plus $2.8 billion in debt in a move that creates the second-largest government IT and professional services player in the market. The union creates a business with $9.9 billion in revenue — second only to Leidos after its acquisition of Lockheed Martin’s information systems and global solutions business in 2016 — and bolsters the information systems and technology business of the Falls Church, Virginia-based defense…



from https://www.bizjournals.com/baltimore/news/2018/02/12/general-dynamics-to-acquire-csra-in-9-6-billion.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/170797096717

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