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.
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com