CSRA to Buy Praxis Engineering for $235M in Push for App Development Work With IC

TYSONS CORNER, VA, Oct. 19, 2017 — CSRA (NYSE: CSRA) has entered into an agreement to acquire Praxis Engineering Technologies under a potential $235 million cash deal that is expected to close before the end of the calendar year, GovCon Wire reported Wednesday.

The planned acquisition is anticipated to expand CSRA’s mission applications development portfolio and market positioning with the intelligence community, the company said Tuesday.

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