General Dynamics Corporation (“General Dynamics”) made available an investor presentation relating to the previously announced proposed merger (the “Merger”) of General Dynamics and CSRA Inc. (“CSRA”). >> ���~��H��R����}��uzg^[K �9X��ѓSd.f�E���6~i� ����PG�i |hHo�nv�h˷��n����28)˯ߺ׾����y�`��h,�ȸ�1����41��Rm���h^�R��.�o�y�Z�/�0J^%��{�B��R�p��U@��-?��L�QV�)u .�NߚĨQf�[��ed9���VR�jx!o�Y8˙�i�Ѯ�ՐP5(%��e�\��d�oiF���ݜ����Svp��q��DZl���G��J'V��f70� �� � CSRA sold its headquarters to Boston-based Marcus Partners, a real estate investment firm, for $33 million. /FontFile2 8 0 R If you experience any issues with … 2 0 obj >> /BaseFont /QLHMVG#2BTimes#20New#20Roman :��`��U /FontBBox [-568.3594 -306.6406 2045.898 1039.551] This despite CSRA… endobj That bid ultimately failed, although it did force General Dynamics to amend its offer to acquire all outstanding shares of CSRA for $41.25 per share … Last year, General Dynamics Information Technology continued to integrate CSRA and to reshape its portfolio. 4 0 obj /ToUnicode 5 0 R General Dynamics (GD) kicked-off fiscal 2019 in style by reporting solid headlines numbers which surpassed analyst estimates. EBITDA margin rose to 12.6% in 2019 FALLS CHURCH, Va., April 3, 2018 /PRNewswire/ -- General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. That’s a 32 per cent premium to its Friday closing price of $30.82. General Dynamics and CSRA executives explain the rationale behind their $6.8 billion deal and it is all about budgets and bigger opportunities. /FontName /QLHMVG#2BTimes#20New#20Roman �f��������/� .Ix�������3.E�dZ-E�?Z@�ȧ q�S�N��&�Y���0��6�Y��;�C�v���D.�J�f���n-�������2q |T(L�o�hpu�ͮ[P�I,�-����Q��ٱ�z��R{K���ow�*h�䏗=���Ƽ��7��a����'��|��j�¼KN��+�3�a�l?���^H��:�#�]�>1�^�]���֯��*�/[���ש S���� ��h|W�ne�(�+58���ܰ"2(�Ke{h}�̝��^�τ����e������ �X��5�����hz��b(Z�������i��wc]t���Q��&���ۉ�w�T�wP7����`����Q�3�,�+����j}ՑJ�4?�ϋ2����UL�*O)�Wr���q����y_�W�[�@ �(G�4�+��ĭ�.��R;/�t ]iEu! Revenue in 2019 was $8.4 billion even after divesting or exiting lines of business having revenue of $1.3 billion per annum. /CreationDate <1345EA0C626D9DAC8E064CBE67D9F3EB9264559BC5891C> CSRA was formed in … %���� /Descent -216.3086 After submitting your request, you will receive an activation email to the requested email address. GD CSRA 5 0 obj >> /ModDate <1345EA0C626D9DAC8E064CBE67D9F0E69264559BC5891C> Please go ahead, sir. endstream << /Filter /FlateDecode /Length 47176 >> endobj The company plans to fund the deal via available cash and new debt financing. General Dynamics rose 0.5%. Markets. General Dynamics's $40.75-per-share cash offer represents a premium of 32 percent to CSRA stock's closing price on Friday. /Subtype /Type0 Bloomberg Government's Robert Levinson discusses General Dynamics Corp.'s agreement to purchase CSRA Inc. for about $6.8 billion. /Ascent 891.1133 /Encoding /Identity#2DH << /Ordering <2624C52AD2F7FA59> General Dynamics, which also makes tanks and U.S. Navy ships, said the deal is valued at $9.6 billion, including $2.8 billion in CSRA debt. CSRA's shares jumped 31.4 percent to $40.50 in premarket trading on Monday. /Flags 32 The transaction, valued at approximately $9.7 billion, is expected to be accretive to GAAP earnings per share and to free cash flow per share in 2019, and is expected to generate estimated annual pre-tax cost savings of approximately 2 percent of the combined … CSRA, which provides services such as cybersecurity and data analytics, gives the firm more heft as defense spending rises and technology contracts get bigger and more complex. >> X General Dynamics will pay $40.75 per share cash for CSRA, a 32% premium from Friday's close. /Registry <2E24CF26C3> /W [3 [250] 38 [667] 75 [500] 72 [444] 70 [444] 78 [500] 87 [278] 68 [444] 83 [500] 85 [333] 82 [500] 76 [278] 69 [500] 91 [500] 79 [278] 90 [722] 73 [333] 41 [556] 80 [778] 27 [500] 16 [333] 46 [722] 81 [500] 74 [500] 86 [389] 71 [500] 88 [500] 92 [500] 89 [500] 29 [278] 58 [944] 53 [667] 23 [500] 21 [500] 24 [500] 54 [556] 36 [722] 11 [333] 20 [500] 26 [500] 22 [500] 19 [500] 17 [250] 12 [333] 40 [611] 51 [556] 44 [333] 28 [500] 134 [500] 15 [250] 50 [722] 42 [722] 39 [722] 179 [444] 180 [444] 48 [889] 43 [722] 55 [611] 18 [278] 182 [333] 84 [500] 45 [389] 77 [278] 47 [611] 30 [278] 52 [722] 60 [722] 93 [444] 37 [667] 57 [722] 49 [722] 10 [180] 14 [564] 32 [564] 167 [549] 25 [500] 8 [833] 56 [722] 7 [500] 62 [333] 64 [333] 9 [778] 129 [500] 13 [500]] /Subject <6F5293> endobj /FontDescriptor 7 0 R Good morning and welcome to the General Dynamics Second Quarter 2019 Earnings Conference Call. 2019-08-29 reuters.com - (Reuters) - The U.S. General Services Administration and the Defense Department said on Thursday they awarded a cloud computing contract worth $7.6 billion to General Dynamics Corp’s CSRA LLC and its partners. Please go ahead sir. EX-99.A.5.B Exhibit (a)(5)(B) From the Desk of the President Date: Feb. 12, 2018 To: GDIT employees Subject: General Dynamics to acquire CSRA This morning, General Dynamics announced that it has entered into an agreement to acquire CSRA. ���ٙHBD,&ձ�u��\�DF\��_�L;sþ���ԓ�j��R�Id���̥,�YB�� 0K�t�wڞ��0���D�_P������\*�\7��)��� �^W���G�K��(W�C�����vӗ�s��� To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. endobj stream How CSRA expands General Dynamics' public safety footprint. >> The acquisition will make General Dynamics the No. << /Author <123B9F7D0175E2F0D35D12E379CCA3F3DB3D16D586D0543CEA3FB99F5762BD26F0C057A0D65B3F95F17ADDDF5856E74DE68544451EA9FF5C9D> endobj << /Length 2007 >> Please note, this event is being recorded. /Kids [19 0 R 22 0 R 24 0 R 30 0 R 27 0 R 32 0 R 35 0 R 38 0 R 41 0 R 44 0 R 47 0 R 50 0 R 53 0 R 56 0 R 59 0 R 62 0 R 65 0 R 68 0 R] CSRA is now part of General Dynamics Information Technology. On April 3, 2018, General Dynamics Corporation, a Delaware corporation (the “ Company ”), filed with the U.S. Securities and Exchange Commission (the “ Commission ”) a Current Report on Form 8-K (the “ Initial 8-K ”) to disclose that it had completed its previously announced acquisition of CSRA Inc., … << /Type /Catalog /Pages 3 0 R >> /Title <674FE80D626C9EAF8D0151B76DC1F2E086645089> The company closed its $9.7 billion purchase of IT services-heavy CSRA Inc in the middle of the year. �����M���{����(�>R#Ւ�~:X��x��sn�4��]��2��{$�)*�� /ItalicAngle 0 He speaks with Julie Hyman and Vonnie Quinn on "Bloomberg Markets." General Dynamics said Monday that it agreed to buy CSRA Inc. for $40.75 per share in cash.The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. /XHeight 447.2656 << /Type /Pages << /Type /Font 1 0 obj CSRA is an excellent fit with GDIT. /Supplement 0 2 provider of federal IT services, trailing only Leidos Holdings Inc. CSRA, which provides services such as cybersecurity and data analytics, gives General Dynamics more heft as defense spending rises under President Donald Trump and computer-technology contracts get bigger and more complex. Aerospace and defense multinational General Dynamics is acquiring government IT contractor CSRA for $9.6 billion, including $2.8 billion in CSRA debt. US defence contractor General Dynamics Corp is to acquire CSRA Inc. for about $9.6bn – including the assumption of $2.8bn in CSRA debt. Good morning, and welcome to the General Dynamics conference call and presentation regarding the acquisition of CSRA, Inc. All participants on the phone will be in listen only mode. Defense /Producer <123B9F7D0175FDDAF9143BE33B89B0B2CB3B12> 7 0 obj The acquisition was completed in April 2018. zxF�sc4���Z?�J�Nj��I��J>�t��¯BDJE�a������ ��V���DN�3� ���ȰCWO�=�(D��Y"F��9A���UM��K�~s\�R/v��1I ��&�� k�o�ٗg=>�����l �N� ��f��o�>a�\��g[�#r��E��h� ��N�}E[�^ L����m6"��D�L�h�d_Q?��KD���mU}���6�j@��? %PDF-1.4 You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. 3 0 obj CSRA rose 1% to 40.95, barely above the General Dynamics offer. In the pre-market trade, CSRA is trading at $39.20 up $8.38 or 27.19 percent. 6 0 obj FALLS CHURCH, Va. – General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. However, increased expenses dragged profits by 7%. /Count 18 /CIDSystemInfo fN�MF�0�!�:���Oe_a[�������z��@��������e�U�����/�)�3�*[�;Fq�|�q�E��N�O�+|�I�e�c���[&[Ah�����`���H�gd�:g#&�}!7}_*�_�P'���T��)#���6�e,4�1�EXS�����dP�`�/��A���|�GR��7�k��3S�Sw���|G�5E���}��G�fF:? /Subtype /CIDFontType2 FALLS CHURCH, Va. – General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. Once the transaction is complete, CSRA will be combined with GDIT. /Keywords <674FE80D626C9EAF8D0151B76DC1F2E086645089CE990072F27D94> << /Type /FontDescriptor The deal includes an additional $2.8 billion in debt. The transaction is expected to close in the first half of 2018. General Dynamics said that it will pay $40.75 per CSRA share. /Creator <123B9F7D0175FDDAF9143BE33B89B0B2CB3B12> /DescendantFonts [6 0 R] {H���r[����=��ʳS4�zA%�4I�A���'�z`'t�g�^-��8�hLbՍ�����.��?x�=�� At General Dynamics, we promise to treat your data with respect and will not share your information with any third party. General Dynamics Corp., the maker of Abrams tanks and nuclear submarines, is making a record bet on reinvigorating its information-technology business.The U.S. defense contractor agreed to buy CSRA Inc. for about $6.8 billion to expand its computer-services offerings for government agencies and military customers. FALLS CHURCH, Va. – General Dynamics (NYSE: GD) has completed its acquisition of CSRA Inc. (NYSE: CSRA). General Dynamics, by comparison, is up 50% over the past three years, and government IT rivals Science Applications International and CACI are up 92.9% and 69.7%, respectively. I am Howard Rubel, Vice President of Investor Relations for General Dynamics. General Dynamics stock has increased modestly by 1.5% in the pre … The deal values CSRA at roughly 12.1 times adjusted EBITDA based on CSRA’s fiscal 2017 results, though the company is now deep within its fiscal 2018. By providing your email address below, you are providing consent to General Dynamics to send you the requested Investor Email Alert updates. Register to receive email alerts of future events. You can sign up for additional alert options at any time. ... plus the acquisition of CSRA at the beginning of the second quarter last year. << /Type /Font ��T?��%w�Mx����g At General Dynamics, we promise to treat your data with respect and will not share your information with any third party. The deal will see General Dynamics pay $40.75 per CSRA share – a 32 percent premium to its Friday closing price of $30.82. The company saw healthy order flow from aviation and defense sectors which would be considered as a positive sign by investors. /StemV 0 Stock Monitor: CSRA Inc. Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 14, 2018 / Active-Investors.com has just released a free research report on General Dynamics Corp. (NYSE: GD). [Operator Instructions] Please note, this event is being recorded. If you experience any issues with this process, please contact us for further assistance. U.S. awards $7.6 bln cloud contract to General Dynamics. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. On February 12, 2018, General Dynamics announced it was buying CSRA for about $9.6 billion. Register to receive email alerts of future events. If you experience any issues with … /BaseFont /QLHMVG#2BTimes#20New#20Roman (�x�y.5#]�%��/��q�/*���[��um�Q�;�iY6��E9D�*��'�@��v:uA��'�У����ߵ��u��@��{,����U�Y�q� �nM�m:$���6g���7�Y(�z�0�Х,�x]C�Yz�@��#.��{di�v��$߸�OQG'qwݧ?�p�\�� T!����NU���p�ԟE�*=�*�W{���Җ�jbSخ��z�FA��Z�jϲw����(ØU�~�}z����u���|D�p��:'>걘��d�D\y�R�%�e�~��';����$ ֛r]d�J�t�\a�˽��]�Ɠ�E�O�kxy��I� .��w���&u�z)jt"G;Z�tyM��/vNL���6Zq���7J�/8�}%�����LA|P�W&9�q�]A�gUTኰ�Y�,͈}5l�b��.�?X`��䔾� ���u�2I��M���RfNQ,�a��-XF�.�x�ib��Bc�������9r#p^�d龚��.�j��ӗ ��v�|A�&���˼� %�÷�I����̽#�y/�}M���튅 * {����l���>���| H#upq)�t��@�ܣ�O�����m�Շ�1>���t5�:��[:����3x2�8L@S����e��3%v�� /CapHeight 662.1094 At General Dynamics, we promise to treat your data with respect and will not share your information with any third party. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. You must click the activation link in order to complete your subscription. >> by Ty Trumbull • Feb 13, 2018. General Dynamics Corp ... Vice President of Investor Relations. ��\�m��&�|�g�f�3��c\SI0��yf�Uv����+��w'�쉩Ҿ�޹���8�dʳ"��Vx@&����U}�فL�gi)i�j"". The transaction, valued at … Leidos Holdings Inc. and ahead of Booz Allen Hamilton Holding Corp., according to a Feb. 12 General Dynamics presentation based on 2018 estimated revenues. ��f��%D��p3ԇ��=��m#XeMu. “The acquisition of CSRA represents a … stream Operating earnings were $628 million with a 7.5% margin. /CIDToGIDMap /Identity endobj General Dynamics renews IT bet with $6.8 billion deal to acquire CSRA Inc. | Information Management endobj 8 0 obj S&P lowers ratings outlook on General Dynamics to negative over CSRA deal Author Emmanuel Louis Bacani S&P Global Ratings revised the ratings outlook on General Dynamics Corp. to negative from stable after the defense contractor announced its acquisition of technology consultancy CSRA Inc. for $9.6 billion, including $2.8 billion of its debt. 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