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Business/Financial

CSRA Acquiring Praxis Engineering To Expand Work For Intelligence Community

By Cal Biesecker

Tuesday, October 17th, 2017

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CSRA Acquiring Praxis Engineering To Expand Work For Intelligence Community

CSRA President and CEO Larry Prior. Photo: CSRA

CSRA Inc. [CSRA] on Tuesday said it has agreed to acquire Praxis Engineering Technologies Inc. for $235 million in cash in a deal that would expand its work for the intelligence community.Maryland-based Praxis provides consulting and solutions in the areas of software and system engineering. The company has more than 350 “highly-cleared” employees, most of them software and systems engineers, CSRA said.“I’m ecstatic that we will be able to enhance the CSRA value proposition to the intelligence community with the…

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