PAE Sees Early Dividend from CSC Acquisition

August 22, 2013

Source: Washington Technology.

It’s the kind of result you hope for when you make an important acquisition. The piece of business PAE Group acquired from Computer Sciences Corp. last month has won an $81.7 million option year on one of its marquee contracts.

PAE Applied Technology leads a joint venture with Raytheon that won the option this week on the Eastern Range Technical Services contract which provides operations, maintenance and sustainment services for the 45th Space Wing and its launch customers at the Cape Canaveral Air Station in Florida.

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