General Dynamics Acquires Government IT Contractor CSRA
General Dynamics acquires government IT contractor CSRA for $9.6 billion — a valuation of roughly 12.1 times adjusted EBITDA based on CSRA’s fiscal 2017 results. 2018 results are pending.
Government IT: U.S. States Abandon CapEx Data Centers
If you’re a government IT solutions provider, building or upgrading data centers that U.S. states own and manage sounds like a fading business model.