Vote set for DynCorp sale
<FONT SIZE=1>	DynCorp stockholders will vote March 7 on a proposed merger with Computer Sciences Corp. El Segundo, Calif.-based CSC announced Dec. 13 that it would buy DynCorp of Reston, Va., for $950 million. </FONT>
DynCorp stockholders will vote March 7 on a proposed merger with Computer Sciences Corp. El Segundo, Calif.-based CSC announced Dec. 13 that it would buy DynCorp of Reston, Va., for $950 million.
For the 12 months ended Sept. 26, DynCorp pulled in about $2.3 billion in revenue. CSC has nearly 64,000 employees and reported revenue of $11.3 billion in 2002.
Upon completion of the merger, CSC will derive approximately $6 billion in annual revenue from the federal government and employ nearly 38,000 people serving the U.S. government globally, according to CSC officials.
For the 12 months ended Sept. 26, DynCorp pulled in about $2.3 billion in revenue. CSC has nearly 64,000 employees and reported revenue of $11.3 billion in 2002.
Upon completion of the merger, CSC will derive approximately $6 billion in annual revenue from the federal government and employ nearly 38,000 people serving the U.S. government globally, according to CSC officials.
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