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CSRA Separates From CSC, Acquires SRA International

Cal Biesecker By
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CSRA Separates From CSC, Acquires SRA International
CSRA President and CEO Larry Prior. Photo: CSRA

According to plan, CSRA Inc. [CSRA] on Monday completed its separation from CSC [CSC] and began trading on the New York Stock Exchange as an independent public company.CSRA also on Monday completed its acquisition of SRA International and announced that its board has authorized a potential $400 million three-year share repurchase program. CSRA also said it will be paying a 10 cents per share quarterly dividend.CSRA is a $5.5 billion federal information technology solutions and services provider made up of…

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