CSC completes DynCorp buy
- By Michael Hardy
- Mar 06, 2003
Computer Sciences Corp. (CSC) has completed its acquisition of DynCorp. CSC, based in El Segundo, Calif., said today that the acquisition strengthens its presence in the federal market.
"This transaction provides CSC with increased access to the growing federal information technology services market and expands our service delivery capabilities," Van B. Honeycutt, CSC chairman and chief executive officer, said in a statement.
DynCorp becomes part of CSC's Federal Sector business unit, based in Falls Church, Va. CSC expects the combined Federal Sector organization to derive approximately $6 billion in annual revenue from the federal government