Global mission services provider PAE yesterday said it has agreed to acquire certain aspects of CSC’s [CSC] Applied Technology Division (ATD) for $175 million in cash, adding military and space testing and training services as a new capability to its portfolio. The deal is expected to close this summer pending regulatory reviews. ATD had $760 million in sales and operating margins in the low to mid-single digits in FY ’13, CSC said. CSC said it is selling the aviation maintenance,…
PAE To Acquire Portions Of CSC’s Applied Technology Division
Defense Daily Staff
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