:

With Spin-Off Pending, CSC’s Government Services Business To Acquire SRA International

Wednesday, September 9th, 2015

SHARE:

CSC [CSC] late Aug. 31 afternoon said that its $4.1 billion government services business, which is set to be spun out as a separate company this fall, will acquire IT services provider SRA International at the same time the pending divestiture is completed, creating the largest pure-play IT services provider to the federal government.CSC withheld the price of the deal, but said Computer Sciences Government Services (CSGov) Services, as the new company will be called, will begin with about $2.7…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]