Sign In
Search
Business/Financial

CSC Set To Spin Off Federal Services Business This Month

Cal Biesecker By
SHARE:
CSC Set To Spin Off Federal Services Business This Month
CSRA President and CEO Larry Prior. Photo: CSRA

CSC [CSC] said on Wednesday that its board approved the spin-off of its federal systems business this month, adding that the new business will be called CSRA Inc.CSC will complete the divestiture of CSRA on Nov. 18. CSRA, which will trade on the New York Stock Exchange under the stock ticker symbol “CSRA,” is expected to close its pending acquisition of SRA International on Nov. 30.SRA, a provider of IT and professional services, is owned by a shareholder groups consisting…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

DoD Awards DPA Funds To Solid Rocket Motor Component Supplier PacSci

Business/Financial

York Space Systems To Acquire Space Solar Tech Company Solestial To Shore Up Supply Chain

Business/Financial

Blue Water Autonomy Announces Power, Propulsion, Manufacturing Partners

Business/Financial

Anduril Raises $5 Billion In New Round; Company Valuation At $61 Billion

Trending

Defense Watch: F-35 News, Big GD Sub Award, E-7 Reversal, UxS News
Pentagon Signs Framework Deals To Rapidly Buy Low-Cost Cruise Missiles, New Hypersonic Weapon
Addition Of Production Lines For F-15EX Eyed By USAF, MQ-9 Follow-On In Works
Army Awards Leidos $2.7 Billion To Accelerate Hypersonic Work
Defense Watch: FORGE, Cloud Contract, Another Super Hornet Lost, AFC/TRADOC Merger Name, TOC-L Protest

Congress Updates

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume