GovCon Wire publishes a number of stories every week that include executive appointments, M&A activity and earnings reports at GovCon firms.
Other divestitures CSC has recently been involved in include the sale of its credit services unit for $1 billion, a hardware and software reselling business for $90 million and an information technology staffing unit for $73.5 million.
“The sale of ATD supports our realignment of company assets with our strategy of leading in the next generation of technology solutions and services, including cybersecurity, big data and cloud computing,” said Mike Lawrie, CSC president and CEO.
When PAE takes control of the applied technology division, 5,400 CSC employees will join the company’s ranks.
CSC took over the business unit after it acquired DynCorp in 2003 and the division recorded $760 million in revenue for fiscal year 2013.