Announced
Completed
Synopsis
General Dynamics, an American aerospace and defense corporation, completed the acqusition of CSRA, an IT solutions and professional services provider, for $9.6bn. “The acquisition of CSRA represents a significant strategic step in expanding the capabilities and customer base of GDIT. CSRA’s management team has created an outstanding provider of innovative, next-generation IT solutions with industry-leading margins. We see substantial opportunities to provide cost-effective IT solutions and services to the Department of Defense, the intelligence community and federal civilian agencies. The combination enables GDIT to grow revenue and profits at an accelerated rate. It will allow us to deliver even more innovative, leading-edge solutions to our customers,” Phebe Novakovic, chairman and chief executive officer of General Dynamics.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.