FALLS CHURCH, Va., April 3, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). Learn more now: 04/03/2018 . 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. The deal includes an additional $2.8 billion in debt. Try D&B Hoovers Free. CACI … General Dynamics is a global aerospace and defense company. The company was headquartered in Falls Church, Virginia, and had offices in multiple states. FALLS CHURCH, Va., April 3, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). [5][6][7] The acquisition was completed in April 2018. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. 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. The General Dynamics-CSRA deal's total value comes out to $9.7 billion when including the $2.8 billion in CSRA debt that GD now assumes. Leidos Holdings Inc. and ahead of Booz Allen Hamilton Holding Corp., according to a Feb. 12 General Dynamics presentation based on 2018 estimated revenues. Beyond these major contracts, CSRA has been supporting other DHS sub-agencies including a $45 million contract in 2016 through 2019 to advise US Customs and Border Protections (CBP) on effective equipment in order to “prevent unlawful travel and trade”. 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. CSRA Inc. CSRA recently met with rejection regarding the acquisition offer from CACI International Inc CACI, paving the way for General Dynamics' GD … The transaction, one of the biggest the corporate world has witnessed in recent times, marks the end of a fiercely-fought bidding war and establishes General Dynamics as a leading IT contractor for government projects. Good morning, and welcome to the General Dynamics conference call and presentation regarding the acquisition of CSRA, Inc. All participants on the phone will be in listen only mode. General Dynamics's $40.75-per-share cash offer represents a premium of 32 percent to CSRA stock's closing price on Friday. BREAKING NEWS: General Dynamics Completes Acquisition of CSRA. [3], 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. This combination creates a premier provider of high-tech IT solutions to the government IT market. CSRA is now a part of General Dynamics’ IT services business, which now becomes a fifth reportable segment for the defense contractor. You make it your own by embracing autonomy, seizing opportunity, and being trusted to deliver your best … Leading aerospace contractor General Dynamics (GD) finally completed the acquisition of CSRA Inc. (CSRA) Tuesday, putting speculations to rest. 481 were here. Leading aerospace contractor General Dynamics (GD) finally completed the acquisition of CSRA Inc. (CSRA) Tuesday, putting speculations to rest. Every day CSRA brings next generation thinking, delivered today. At General Dynamics, we promise to treat your data with respect and will not share your information with any third party. About GD. Read More Read More about General Dynamics Information Technology Awarded $364 Million Enterprise … CSRA was formed in … [3] On February 12, 2018, General Dynamics announced it was buying CSRA for about $9.6 billion. The company was headquartered in Falls Church, Virginia, and had offices in multiple states. Report directly to the VP of Total Rewards. 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 … For additional verification questions, please contact us at Employment_Verifications@gdit.com. 481 were here. CSRA, the 39th largest defense contractor on the annual Defense News Top 100 list, will now become part of General Dynamics Information Technology. CSRA Inc.'s cover photo . General Dynamics Information Technology and CSRA have united to create the premier provider of high-tech IT solutions to the government IT market. Address. General Dynamics Information Technology . CSRA Inc. 03/28/2018 . CSRA Inc.'s cover photo . By continuing to visit this site, you agree to our use of cookies. Why General Dynamics says it needs to go so big with its CSRA bid General Dynamics to acquire CSRA in $9.6B deal What 2 earnings calls reveal about the federal contracting market General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). ... General Dynamics Corp. Jason W Aiken. Jason W Aiken is Senior VP/CFO at General Dynamics Corp. See Jason W Aiken's compensation, career history, education, & memberships. General Dynamics has completed its acquisition of CSRA Inc. General Dynamics Information Technology and CSRA have united to create the premier provider of high-tech IT solutions to the government IT market. GDIT is your place. CSRA is cautioning members of the public, particularly those in the job market, to be on the lookout for fraudulent activity targeting prospective job applicants. General Dynamics Information Technology Awarded $364 Million Enterprise IT Contract by GSA General Dynamics Information Technology … October 13, 2020. 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 … CSRA is now CSRA State and Local Solutions LLC, A General Dynamics Information Technology Company, or simply GDIT. ... CSRA Inc. and the Louisiana Job Connection team are at the #sxsw job market right now! The way we work together is as important as the mission-critical work that we do. General Dynamics, by comparison, is up 50% over the past three years, and government IT rivals Science Applications International and CACI are up 92.9% and 69.7%, respectively. On this page. Our everyday heroes demonstrate a shared commitment to our culture elements of Accountability, Curiosity and Learning, CSRA Acquisition by General Dynamics Transforms Technology Services Landscape The combination of General Dynamics and CSRA will create the new market leader for Federal Technology Services. We are GDIT. From Gulfstream business jets and combat vehicles to nuclear-powered submarines and communications systems, people around the world depend on our products and services for their safety and security. 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 … On April 2, 2018, General Dynamics Information Technology acquired CSRA Inc. CSRA is now "CSRA State and Local Solutions LLC, A General Dynamics Information Technology Company," or simply "GDIT." I am Howard Rubel, Vice President of Investor Relations for General Dynamics. This combination creates a premier provider of high-tech IT solutions to the government IT market. The parent company of General Dynamics … Every day CSRA brings next generation thinking, delivered today. Our company is a premier provider of high-tech IT solutions to the government IT market. - CSRA Inc. and General Dynamics will fully divest SEABU and its associated systems engineering, acquisition, and mission support for NAVSEA to a third party as soon as possible to avoid OCIs. The role of GDIT as fiscal agent for the NCDHHS and, specifically, the NCTracks claims payment system, remains … FALLS CHURCH, Va. – General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). The transaction, one of the biggest the corporate world has witnessed in recent times, marks the end of a fiercely-fought bidding war and establishes General Dynamics … If you experience any issues with this process, please contact us for further assistance. CSRA sold its headquarters to B… Learn more now: 04/03/2018 . Combined General Dynamics + CSRA and Top 15 Technology Services Vendors, FY14 - FY17. 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 Inc. CSRA was formed in 2015 through the merger of SRA International and Computer Sciences Government Services. Primär 3170 Fairview Park Drive Falls Church, VA 22042, US Wegbeschreibung 1795 Jet Wing Drive CSRA is now part of General Dynamics Information Technology. Stock analysis for CSRA Inc (CSRA) including stock price, stock chart, company news, key statistics, fundamentals and company profile. ANTHONY J. TRENGA, District Judge.. 3170 Fairview Park Dr. Falls Church, … Our company is a premier provider of high-tech IT solutions to the … Financial Statements; Credit Reports; Top Competitors; Company Snapshot; Related Companies; Available Contacts; Industry Information; Company Profile. On April 2, 2018, General Dynamics acquired CSRA Inc., making CSRA a part of General Dynamics Information Technology. CURRENT PRICE. General Dynamics (CSRA/ARC-P Cloud) is one of only four DHS authorized cloud providers. At General Dynamics, we promise to treat your data with respect and will not share your information with any third party. [8], CSRA is now part of General Dynamics Information Technology. CSRA operates two segments based on its customer type: Defense and Intelligence, and Civil. Our role as fiscal agent for the NC Department of Health and … [4] CSRA sold its headquarters to Boston-based Marcus Partners, a real estate investment firm, for $33 million. Responsible for the day-to-day administration and compliance of company group health, wellness and retirement programs for over 19,000 employees. 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. It was the third-largest government IT and professional services company. The role of GDIT as fiscal agent for the NCDHHS and, specifically, the NCTracks claims payment system, remains the same. CSRA Inc. - 3170 Fairview Park Dr, Falls Church, VA 22042 - Rated 3.7 based on 10 Reviews "A great place to work! In 2018 CSRA was acquired by General Dynamics for a total of $9.7 billion in cash and debt. On April 2, 2018, General Dynamics acquired CSRA Inc., making CSRA a part of General Dynamics Information Technology. 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 Information Technology . Following its acquisition by General Dynamics Corporation ("GDC"), effective April 3, 2018, Defendant CSRA Inc. ("CSRA") became operationally integrated into General Dynamics Information Technology, Inc. ("GDIT"), a … CSRA is now CSRA State and Local Solutions LLC, A General Dynamics Information Technology Company, or simply GDIT. Read More Read More about General Dynamics awarded $761 million GSA contract for U.S. Southern Command cyber modernization. WeissLaw LLP Investigates CSRA Inc. Acquisition WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of CSRA Inc. (“CSRA” or the “Company”) (NYSE: CSRA) in connection with the proposed acquisition of the Company by defense contractor General Dynamics. Try D&B Hoovers Free The deal folds CSRA into General Dynamics’ information systems and technology business, which is its largest unit, and also provides combat software and combat-ready computing equipment. Nuclear submarine maker General Dynamics' (GD) proposal to take over CSRA Inc. (CSRA) is not going as smoothly as it hoped for. CSRA Inc | 25,253 followers on LinkedIn. 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. Come by … Copyright 2021 General Dynamics Corporation, We use cookies to enhance your website experience. The company was acquired by General Dynamics in 2018. Legacy CSRA Employer Code is 1 7 8 6 8 Social Service requestors: please call The Work Number at 1-800-660-3399. Please note, this event is being recorded. MEMORANDUM OPINION AND ORDER. General Dynamics’ big investment two years ago – which roughly doubled the size of its information technology business – appears to be paying hefty dividends based on a recent string of prominent Federal government contract wins, and a look into financial results the company released late last month.. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. CSRA is now part of General Dynamics Information Technology. 04/03/2018 . FALLS CHURCH, Va., April 3, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA).The transaction, valued at … CSRA Inc. - 3170 Fairview Park Dr, Falls Church, VA 22042 - Rated 3.7 based on 10 Reviews "A great place to work! Industrial Products. Its largest market, national security, included the Department of Defense, Homeland Security, U.S. Army, U.S. Air Force, and intelligence agencies. Stock Monitor: CSRA Inc. Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 14, 2018 / Active-Investors.com has just released a free research report on General Dynamics Corp. (NYSE: GD). CSRA provides information technology services to US government clients in national security, civil government, and health care and public health. General Dynamics said that it will pay $40.75 per CSRA share. 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 … BREAKING NEWS: General Dynamics Completes Acquisition of CSRA. CSRA Inc. CSRA recently met with rejection regarding the acquisition offer from CACI International Inc CACI, paving the way for General Dynamics' GD $9.7 billion epic buyout offer. If you experience any issues with this process, please contact us for further assistance. CSRA Inc. go to CSRA Inc.'s website. CSRA was formed in 2015 through the merger of SRA International and Computer Sciences Government Services. That’s a 32 per cent premium to its Friday closing price of $30.82. The company was acquired by … [9], Executive VP, General Counsel & Corporate Secretary, "CSRA completes sale-leaseback of Falls Church HQ", "General Dynamics buying CSRA for about $6.8 billion", "General Dynamics to buy government IT contractor CSRA for $6.8 billion", "General Dynamics Buying CSRA for $6.8 Billion", "General Dynamics Completes Acquisition of CSRA | General Dynamics", "General Dynamics Completes Acquisition of CSRA", https://en.wikipedia.org/w/index.php?title=CSRA_Inc.&oldid=996120249, Companies based in Fairfax County, Virginia, Companies formerly listed on the New York Stock Exchange, Technology companies disestablished in 2018, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 December 2020, at 17:18. The people supporting some of the most complex government, defense, and intelligence projects across the country. CSRA's shares jumped 31.4 … CSRA provides information technology services to US government clients in national security, civil government, and health care and public health. In 2018 CSRA was acquired by General Dynamics for a total of $9.7 billion in cash and debt. ... CSRA Inc. INDUSTRY. Corporation Subsidiary. CSRA Inc. provided information technology services to U.S. government clients in national security, civil government, and health care and public health. On April 2, 2018, General Dynamics Information Technology acquired CSRA Inc.CSRA is now "CSRA State and Local Solutions LLC, A General Dynamics Information Technology Company," or simply "GDIT." Learn More, General Dynamics awarded $4.6 billion U.S. Army contract for latest configuration of Abrams Main Battle Tanks, General Dynamics Information Technology Awarded $241 Million Multi-Cloud Contract by Centers for Medicare and Medicaid Services. M&A ANALYSIS: GENERAL DYNAMICS + CSRA 5 Massive Consolidation in Federal Technology Services Market Continues General Dynamics’ move to gain market share in the Federal Technology Services market by acquiring CSRA is the latest in a series of high profile mergers and acquisitions in the … Information ; company Snapshot ; Related Companies ; Available Contacts ; Industry csra inc and general dynamics ; company.. 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