CSRA is now part … General Dynamics’ M&A Strategy to Gain Scale. Lead the CSRA, LLC program providing software development, systems engineering, and technology support to the United States Marine Corps (USMC) Technology Services Organization (TSO). Advisors Stone Key Group, LLC served as exclusive financial advisor to General Dynamics and Jenner & Block LLP served as legal counsel. General Dynamics to Acquire CSRA for $9.6 Billion (Source: General Dynamics; issued Feb 12, 2018) FALLS CHURCH, Va. – General Dynamics and CSRA today announced that they have entered into a definitive agreement under which General Dynamics will acquire all … The role of GDIT as fiscal agent for the NCDHHS and, specifically, the NCTracks claims payment system, remains the same. Der US-amerikanische Rüstungskonzern General Dynamics will sich mit einer Übernahme im IT- und Regierungsgeschäft stärken. 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 LLC, a General Dynamics Information Technology company, Stafford, Virginia, is awarded a $78,804,642 modification to a previously awarded indefinite-delivery/indefinite-quantity, firm-fixed-price contract (N00039-17-D-0002) for Information Technology (IT) services to support the Navy’s outside the U. S. (OCONUS) Naval Enterprise Network (ONE-Net). Company profile page for CSRA LLC including stock price, company news, press releases, executives, board members, and contact information Our role as fiscal agent for the NC Department of Health and … WASHINGTON – General Dynamics has completed a roughly $9.7 billion acquisition of IT services giant CSRA. 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 is now CSRA State and Local Solutions LLC, A General Dynamics Information Technology Company, or simply GDIT. The sixth largest defense firm in the world gets stronger, in both the defense and federal IT areas. If you experience any issues with this process, please contact us for further assistance. milCloud ® 2.0 is held by CSRA, LLC, a General Dynamics Information Technology (GDIT) managed affiliate. 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." During the private and public bidding process, CSRA’s board of directors long preferred General Dynamics’ all-cash bid versus the cash-and-stock … The role of GDIT as fiscal agent for the NCDHHS and, specifically, the NCTracks claims payment system, remains the same. General Dynamics has completed its acquisition of CSRA. Aaron Mehta is Deputy Editor and Senior Pentagon Correspondent for Defense News, covering policy, strategy and acquisition at the highest levels of the Department of Defense and its international partners. CSRA's Board of Directors recommends that CSRA stockholders tender their shares of CSRA common stock pursuant to the General Dynamics tender offer. General Dynamics Corporation (GD) is an American aerospace and defense corporation. The company ranked No. CSRA sold its headquarters to Boston-based Marcus Partners, a real estate investment firm, for $33 million. CSRA LLC, a General Dynamics Information Technology company, Stafford, Virginia, is awarded a $78,804,642 modification to a previously awarded indefinite-delivery/indefinite-quantity, firm-fixed-price contract (N00039-17-D-0002) for Information Technology (IT) services to support the Navy’s outside the U. S. (OCONUS) Naval Enterprise Network (ONE-Net). By continuing to visit this site, you agree to our use of cookies. 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." Business Info. General Dynamics said it agreed to buy CSRA for $6.8 billion as part of the defense contractor’s push into government IT services. The General Services Administration re-awarded the Defense Enterprise Office Solutions (DEOS) contract for cloud-based email and collaboration tools across the Department of Defense to General Dynamics IT-owned CSRA LLC on Friday, following a drawn-out procurement battle. CSRA is now part of General Dynamics Information Technology. General Dynamics (GD) will commence a cash tender offer for all outstanding shares of CRSA common stock at $41.25 per share. In May 2018, DHS CIO John Zangardi noted that 29 DHS applications are hosted in the cloud and another 70 are being migrated to … 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 … Including the assumption of debt, the deal is worth $9.6 billion CSRA LLC is located in Falls Church, VA, United States and is part of the Information Technology Services Industry. Since 2013, General Dynamics One Source LLC, a company comprised of two General Dynamics subsidiaries: ... General Dynamics/CSRA as the primary contractor of the Data Center will provide Operations and Maintenance for future ICE IT Infrastructure or applications. The deal is expected to be … Upon completion of the transaction, General Dynamics anticipates retaining strong credit ratings with net debt of approximately $10.5 billion. General Dynamics Corporation (the “ Borrower ”) has requested that (i) JPMorgan Chase Bank, N.A. Stone Key Group, LLC served as exclusive financial advisor to General Dynamics and Jenner & Block LLP served as legal counsel. Under the terms of the merger agreement, as amended, on March 5, 2018, General Dynamics commenced a cash tender offer to purchase all of the outstanding shares of CSRA common stock. The combined entity would create an IT services business with over $9 billion in revenue and footprints across almost all sectors of government. You make it your own by embracing autonomy, seizing opportunity, and being trusted to deliver your best every day. The sixth largest defense firm in the world gets stronger, in both the defense and federal IT areas. 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). General Dynamics to Acquire CSRA for $9.6 Billion | General Dynamics General Dynamics to Acquire CSRA for $9.6 Billion February 11, 2018 Combination creates the premier provider of high-tech IT solutions to Government Technology Services market CSRA, the 39th largest defense contractor on the annual Defense News Top 100 list, will now become part of General Dynamics Information Technology. 15036 CONFERENCE STE 1 CHANTILLY, VA 20151 Get Directions (703) 818-4000. www.csra.com . I have been working at General Dynamics Information Technology full-time for more than 3 years Pros CSRA (recently bought out by GDIT) is a great company in which to work. Since 2013, General Dynamics One Source LLC, a company comprised of two General Dynamics subsidiaries: ... General Dynamics/CSRA as the primary contractor of the Data Center will provide Operations and Maintenance for future ICE IT Infrastructure or applications. There are 1062 companies in the CSRA LLC corporate family. General Dynamics is hoping that CSRA will help it grab more of the recently increased U.S. defense budget. General Dynamics Corporation (the “ Borrower ”) has requested that (i) JPMorgan Chase Bank, N.A. On February 12, 2018, General Dynamics announced it was buying CSRA for about $9.6 billion. Under the terms of their deal, CSRA would have to pay General Dynamics … Under the terms of their deal, CSRA would have to pay General Dynamics … GENERAL SERVICES ADMINISTRATION MULTIPLE AWARD SCHEDULE AUTHORIZED FEDERAL SUPPLY SCHEDULE PRICE LIST HUMAN CAPITAL MANAGEMENT ADMINISTRATIVE SUPPORT SERVICES SCHEDULE PRICELIST BACKGROUND INVESTIGATIONS CATEGORY The Special Item Number (SIN) that CSRA LLC (CSRA), a General Dynamics Information Technology (GDIT) company, supports under this … Conference Call. (“ JPMorgan ”) and Wells Fargo Securities, LLC (“ WFS ”, and collectively with JPMorgan, the “ Arrangers ”) agree to structure, arrange and syndicate a 364-day incremental revolving credit facility (the “ Facility Our company is a premier provider of high-tech IT solutions to the government IT market. We are GDIT. April 03, 2018 General Dynamics completes deal for peer CSRA (Reuters) - U.S. defense contractor General Dynamics Corp said on Tuesday it completed its purchase of peer CSRA Inc in a deal valued at about $9.7 billion. Read More Read More about General Dynamics awarded $761 million GSA contract for U.S. Southern Command cyber modernization. This represents a 38% premium on previous trading day’s close, a moderate premium for CSRA shareholders. The company was headquartered in Falls Church, Virginia, and had offices in multiple states. There are 1062 companies in the CSRA LLC corporate family. Read More Read More about General Dynamics Information Technology Awarded $364 Million Enterprise IT … On February 12, 2018, General Dynamics and CSRA Inc. announced that they had entered into an agreement under which General Dynamics would acquire all outstanding shares of CSRA Inc. CSRA LLC, a wholly owned subsidiary of CSRA Inc., provides services in support of NAVSEA Major Defense Acquisition Programs and other programs through a number of SeaPort Enhanced (SeaPort-e) task … CSRA is now CSRA State and Local Solutions LLC, A General Dynamics Information Technology Company, or simply GDIT. CSRA LLC has 99 employees at this location. “GDIT is positioned to deliver cost-effective, next-generation IT solutions and services to the Department of Defense, the intelligence community and federal civilian agencies as they modernize their information systems.”. Evercore and Macquarie Capital served as financial advisors to CSRA and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel. GD announced its intention to acquire CSRA on Feb. 12, but the deal hit a last-minute hiccup when competitor CACI came in and attempted to hijack the acquisition. CSRA, the 39th largest defense contractor on the annual Defense News Top 100 list, will now become part of General Dynamics Information Technology. Der US-amerikanische Rüstungskonzern General Dynamics will sich mit einer Übernahme im IT- und Regierungsgeschäft stärken. CSRA provides… This represents a 38% premium on previous trading day’s close, a moderate premium for CSRA shareholders. CSRA LLC has 1000 total employees across all of its locations and generates $616.56 million in sales (USD). On February 12, 2018, General Dynamics and CSRA Inc. announced that they had entered into an agreement under which General Dynamics would acquire all outstanding shares of CSRA Inc. CSRA LLC, a wholly owned subsidiary of CSRA Inc., provides services in support of NAVSEA Major Defense Acquisition Programs and other programs through a number of SeaPort Enhanced (SeaPort-e) task … General Dynamic Information Technology (formerly CSRA LLC) University of Oregon. General Dynamics is hoping that CSRA will help it grab more of the recently increased U.S. defense budget. 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). milCloud ® and the milCloud ® logo are registered trademarks owned by the Defense Information Systems Agency (DISA). On April 2, 2018, General Dynamics acquired CSRA Inc., making CSRA a part of General Dynamics Information Technology. The people supporting some of the most complex government, defense, and intelligence projects across the country. Report this profile; About. CSRA LLC is located in Falls Church, VA, United States and is part of the Information Technology Services Industry. milCloud ® and the milCloud ® logo are registered trademarks owned by the Defense Information Systems Agency (DISA). General Dynamics (GD) will commence a cash tender offer for all outstanding shares of CRSA common stock at $41.25 per share. The acquisition was completed in April 2018. Apply now and own your career. Stone Key Group, LLC served as exclusive financial advisor to General Dynamics and Jenner & Block LLP served as legal counsel. “The combined CSRA and GDIT offers innovative, competitive and compelling solutions to our customers, and provides attractive free cash flow coupled with good incremental return on capital for investors,” Phebe Novakovic, chairman and chief executive officer of General Dynamics, said in a statement. 12.02.2018 milCloud ® 2.0 is held by CSRA, LLC, a General Dynamics Information Technology (GDIT) managed affiliate. 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, … Rafael combines technologies to give combat robots a ‘brain’ to map threats indoors, The British pick MBDA’s Spear 3 cruise missile for their F-35s, BAE wins Navy contract for ‘quick-turnaround’ electronic countermeasure, Israel, Greece sign $1.7 billion deal for Air Force training, Israel and India test MRSAM air defense system. Upon completion of the transaction, General Dynamics anticipates retaining strong credit ratings with net debt of approximately $10.5 billion. CSRA Inc | 25,031 followers on LinkedIn | General Dynamics Information Technology and CSRA have united to create the premier provider of high-tech IT solutions to the government IT market. Csra sold its headquarters to Boston-based Marcus Partners, a real estate firm... 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