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Analyst Sees Pending CSC Split As Confirmation Of Trend In Defense Services Revamp

Cal Biesecker By
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Analyst Sees Pending CSC Split As Confirmation Of Trend In Defense Services Revamp
CSC President and CEO Mike Lawrie will lead the new commercial company and be chairman of the government services business. Photo: CSC

Computer Sciences Corp.’s [CSC] announcement last week that it plans to split into two separate publicly traded companies, one focused on commercial and global government customers and the other on the U.S. public sector, is consistent with expectations that the defense services sector is headed for a restructuring, according to defense analyst Byron Callan.“We have expected that defense services sector restructuring would be a key theme for 2015,” Callan wrote in a client note for the strategic advisory firm Capital…

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