CSC closing in on DynCorp buy

DynCorp shareholders will vote March 7 on whether to allow Computer Sciences Corp. (CSC) to acquire the firm.

That's the final hurdle that El Segundo, Calif.-based CSC must jump to close the deal.

CSC first announced its intent to acquire DynCorp for about $950 million in December 2002. The company estimates that after the merger, it will earn about $6 billion annually from federal government business, almost half of its expected $14.5 billion in total earnings.

Both companies are major players in the federal market. CSC is a systems integrator that also provides consulting and outsourcing services, while DynCorp, based in Reston, Va., offers information technology services and technical services.

Featured

  • IT Modernization
    Eisenhower Executive Office Building (Image: Wikimedia Commons)

    OMB's user guide to the MGT Act

    The Office of Management and Budget is working on a rules-of-the-road document to cover how agencies can seek and use funds under the MGT Act.

  • global network (Pushish Images/Shutterstock.com)

    As others see us -- a few surprises

    A recent dinner with civil servants from Asia delivered some interesting insights, Steve Kelman writes.

  • FCW Perspectives
    cloud (Singkham/Shutterstock.com)

    A smarter approach to cloud

    Advances in cloud technology are shifting the focus toward choosing the right tool for the job and crafting solutions that truly modernize systems.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.