General Dynamics acquisition of CSRA
General Dynamics bought CSRA and combined it with GDIT, creating one of the largest US government IT providers.
- Company
- CSRA
- Type
- M&A
- Status
- Completed
- Date
- 3 Apr 2018
- Value
- US$9.6bn
- Value basis
- About US$9.6bn including US$2.8bn of CSRA debt; US$41.25 per share in cash
- Region
- US
- Segment
- Government services
Parties
- General Dynamics buyer
- CSRA shareholders seller
Key terms
- Price per share
- US$41.25 cash
- Debt assumed
- US$2.8bn
- Announced
- 12 Feb 2018
Sources
- General Dynamics 8-K: General Dynamics to acquire CSRA sec.gov · 12 Feb 2018
- General Dynamics: completes acquisition of CSRA prnewswire.com · 3 Apr 2018
Record DEF-INV-2018-0003. Investments are kept apart from the financings register and never counted in debt totals.