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 Posted: Thu 17:06, 31 Oct 2013 Post subject: PAE buys into Computer Sciences Corp. |
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PAE buys into Computer Sciences Corp.
ARLINGTON, Va., May 29 () -- Global mission services company PAE is expanding its U.S. government business through a stock purchase agreement with Computer Sciences Corp.The definitive stock purchase agreement announced Wednesday is for CSC's Applied Technology Division."The Applied Technology Division has a long and distinguished heritage of providing quality services to the U.S. Department of Defense, NASA and other government customers," said PAE President Mike Dignam. "This acquisition is in line with our strategy to expand PAE's strong portfolio by adding companies with proven capabilities and a customer-focused workforce culture."The Applied Technology Division provides aviation maintenance, base operations and maintenance,[url=http://www.kbcrussia.com/]true religion outlet[/url], test and training range, and space range support at U.S. government installations PAE's acquisition of it will add military and space testing and training services to the PAE portfolio."It will significantly increase the number of PAE clients in the federal services market," it said.PAE is a provider of training, logistics,[url=http://www.yubikeys.net/]true religion outlet[/url], and operations and maintenance services to U.S. government customers and customers in allied countries.The deal is expected to close this summer.
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