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General Dynamics completes $9.7B CSRA acquisition

WASHINGTON — General Dynamics’s global workforce just grew by about 19,000, as the company has completed its acquisition of government IT contractor CSRA in a deal valued at $9.7 billion.

Both companies are based in Falls Church, Virginia.

The closing of the acquisition ends a brief bidding war for CSRA last month. Arlington-based contractor CACI Inc. countered the General Dynamics bid for CSRA with one that valued the company more but was a combination of cash and stock.

Within days, General Dynamics sweetened its all-cash offer, which CSRA accepted, and CACI pulled out of the bidding.

CSRA is now part of General Dynamics Information Technology. General Dynamics inherits the company’s cybersecurity and data-analytics business, and its information technology contracts. The deal makes General Dynamics one of the largest federal IT providers.

General Dynamics says the acquisition will generate an annual cost savings of two percent of the combined company’s revenue by 2020 and add to earnings per share and cash flow next year.

General Dynamics had $31 billion in 2017 revenue; CSRA, $5 billion.

Fired opinion writer still waiting for call from Washington Post after arbitrator ordered reinstatement, back pay

Several days after an arbitrator ordered the Washington Post to reinstate fired opinion writer Karen Attiah, she told 91Å·ÃÀ¼¤Çé she's still hasn't gotten a phone call about returning to work. "I'm waiting to hear from the Washington Post as of this morning," Attiah said. "I'm willing to go back to the work that I was doing as a columnist and as a writer particularly focused on race, gender and international rights." A Thursday ruling by arbitrator Sarah Miller Espinosa said the newspaper did not have sufficient cause to fire Attiah over social media posts about violent white men following last year's killing of Charlie Kirk, and ordered the Post to award Attiah full back pay and lost benefits. "So, the Washington Post has its marching orders, let's see if they follow them," said Attiah, who described her reaction to arbitrator's ruling as "vindicated, slightly tired, really happy about the decision and reinstatement, plus back pay, of course."
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