Company Press Release
January 14, 2019
RESTON, Va. & CHANTILLY, Va.–(BUSINESS WIRE)–Science Applications International Corp. (NYSE: SAIC) today announced the successful completion of its merger with Engility Holdings, Inc. (NYSE: EGL). The merger was previously approved by SAIC and Engility stockholders at special meetings held on Jan. 11, 2019. Under the terms of the merger agreement, Engility became a wholly-owned subsidiary of SAIC. More
Company Press Release
October 09, 2018
MAXIMUS (NYSE: MMS), a leading provider of government services worldwide, announced today that it has signed a definitive asset purchase agreement to acquire certain assets of General Dynamics Information Technology’s large-scale, citizen-engagement centers in the U.S. Federal civilian market. The acquisition is expected to strengthen MAXIMUS position in the administration of federal government programs across the United States. The $400 million all cash transaction is expected to close in mid-November and is subject to customary closing conditions. More
Company Press Release
September 10, 2018
RESTON, Va. & CHANTILLY, Va.–(BUSINESS WIRE)–Science Applications International Corp. (NYSE: SAIC) and Engility Holdings Inc., (NYSE: EGL) today announced that they have entered into a definitive agreement under which SAIC will acquire Engility in an all-stock transaction valued at $2.5 billion ($2.25 billion net of the present value of tax assets), creating the second largest independent technology integrator in government services with $6.5 billion of pro-forma last 12 months’ revenue. More
Company Press Release
June 1, 2018
Tysons, VA, June 1, 2018—DXC Technology (NYSE: DXC) has completed the separation of its U.S. Public Sector (USPS) business and combination with Vencore Holding Corp. and KeyPoint Government Solutions to form Perspecta, an independent public company that begins trading today on the New York Stock Exchange under the ticker symbol “PRSP.” More
Company Press Release
April 3, 2018
FALLS CHURCH, Va. – General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). 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.More
Company Press Release
April 3, 2018
TEANECK, NJ – April 3, 2018 – Ness Digital Engineering, a portfolio company of The Rohatyn Group (TRG), has completed its acquisition of Linium, LLC, a digital business, engineering, experience and transformation consultancy.More
Company Press Release
February 12, 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. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. More
Company Press Release
October 11, 2017
Tysons, VA, Oct. 11, 2017 – DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, today announced that its board of directors has unanimously approved a plan to combine its U.S. Public Sector (USPS) business with Vencore Holding Corporation and KeyPoint Government Solutions to form a separate, independent publicly traded company to serve U.S. public sector clients. More
