News & Events

SAIC to Acquire Engility Uniting Two Leading Technology Integrators

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

DXC Technology Completes Separation of U.S. Public Sector Business, Combining with Vencore and KeyPoint to Form Perspecta

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

General Dynamics Completes Acquisition of CSRA

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

Ness Digital Engineering Completes Acquistion of Linium

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

General Dynamics to Acquire CSRA for $9.6 Billion

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

DXC Technology to Combine U.S. Public Service Business with Vencore Holding Corporation and KeyPoint Government Solutions to Create an Independent, Publicly Traded Company Serving U.S. Government Clients

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

Washington Technology | Power Breakfast

Michael J. Urfirer to speak at Washington Technology | Power Breakfast                                        INSIGHTS & OPPORTUNITIES: Inside CSRA on April 19, 2016  More

Who made 2015’s biggest deals?

As we looked at the 80 mergers and acquisitions that closed during 2015, one deal quickly emerged as the favorite among our panel of experts.

It wasn’t the biggest deal of the year as measured by dollars, though it was quite large. But the unusual deal that was crafted by Computer Sciences Corp. and SRA International was a game changer. More