What Is Praxis Engineering Technologies LLC, and What Does It Do?

Praxis Engineering Technologies Llc is a consulting and solutions firm specializing in applying software and systems engineering technologies to meet critical mission needs. Pioneer-technology.com offers in-depth insights into how Praxis Engineering delivers high-value solutions by fusing talent with best practices and cutting-edge technologies, which is why it’s important to explore this topic further. The firm’s expertise benefits clients by enhancing their mission applications and optimizing their infrastructures. Discover innovative engineering technologies with us, and delve into advanced systems.

1. What Is Praxis Engineering Technologies LLC?

Praxis Engineering Technologies LLC is a firm dedicated to the practical application of software and systems engineering technologies. The company provides consulting and solutions to help clients meet mission-critical needs.

Praxis Engineering Technologies LLC, headquartered in Annapolis Junction, Maryland, distinguishes itself through a blend of world-class talent, engineering best practices, domain expertise, cutting-edge commercial technologies, and agile management approaches. These elements enable Praxis to create solutions that are not only innovative but also highly effective in addressing the complex challenges faced by its clients, particularly within the Intelligence Community.

1.1 What Makes Praxis Engineering Stand Out?

Praxis Engineering stands out due to its unique fusion of talent, technology, and agile management, creating high-value solutions for mission-critical needs.

The core of Praxis Engineering’s competitive edge lies in its ability to integrate diverse elements into a cohesive and powerful framework. This includes:

World-Class Talent: Praxis attracts and retains professionals who are experts in their respective fields, fostering an environment of innovation and excellence.
Engineering Best Practices: The firm adheres to industry-leading methodologies and standards, ensuring the quality and reliability of its solutions.
Domain Expertise: Praxis possesses deep understanding of the industries it serves, allowing it to tailor solutions to the specific needs and challenges of its clients.
Cutting-Edge Commercial Technologies: By leveraging the latest technological advancements, Praxis delivers solutions that are at the forefront of innovation.
Agile Management Approaches: Praxis employs agile methodologies to ensure flexibility, adaptability, and rapid response to changing client needs.

1.2 What Industries Does Praxis Engineering Technologies LLC Serve?

Praxis Engineering Technologies LLC primarily serves the Intelligence Community, offering solutions for mission applications development and engagement.

The Intelligence Community represents a critical sector that demands the highest levels of expertise and innovation. Praxis Engineering Technologies LLC is deeply embedded in this community, providing specialized services that include:

Mission Applications Development: Creating and maintaining software applications that support intelligence operations.
Engagement Strategies: Developing strategies to effectively engage with and support the needs of intelligence agencies.
Security Solutions: Implementing robust security measures to protect sensitive information and systems.
Data Analytics: Analyzing large datasets to extract actionable intelligence and insights.
System Integration: Integrating disparate systems to create a cohesive and efficient operational environment.

Praxis Engineering Technologies Office Building

1.3 What Is the Significance of Praxis Engineering’s Acquisition by CSRA?

The acquisition of Praxis Engineering by CSRA enhances CSRA’s value proposition to the Intelligence Community and enables better leveraging of efficient infrastructures.

The acquisition of Praxis Engineering Technologies LLC by CSRA Inc. marked a significant development for both companies and the broader technology landscape. This strategic move allowed CSRA to:

Expand Capabilities: Incorporate Praxis’s specialized expertise and talent pool, particularly in software and systems engineering.
Strengthen Market Position: Enhance its ability to serve the Intelligence Community with more comprehensive and innovative solutions.
Accelerate Growth: Leverage Praxis’s established client base and project portfolio to drive organic growth.
Enhance Innovation: Foster a culture of innovation by integrating Praxis’s best-idea-wins approach across the CSRA enterprise.

According to CSRA President and CEO Larry Prior, the acquisition would enable CSRA to better help customers leverage more efficient infrastructures as they modernize their mission applications.

2. What Services Does Praxis Engineering Technologies LLC Offer?

Praxis Engineering Technologies LLC offers services including software and systems engineering, mission applications development, and agile management solutions.

Praxis Engineering Technologies LLC delivers a comprehensive suite of services designed to meet the diverse and evolving needs of its clients. These services are characterized by their focus on innovation, efficiency, and mission-critical performance. Key offerings include:

Software Engineering: Developing high-quality, scalable, and secure software solutions.
Systems Engineering: Designing, integrating, and managing complex systems to ensure optimal performance.
Mission Applications Development: Creating custom applications tailored to the specific needs of intelligence and defense operations.
Agile Management Solutions: Implementing agile methodologies to improve project management, collaboration, and responsiveness.
Consulting Services: Providing expert advice and guidance on technology strategy, implementation, and optimization.
Cybersecurity Solutions: Protecting critical systems and data from cyber threats through advanced security measures.

2.1 How Does Praxis Engineering Utilize Software and Systems Engineering?

Praxis Engineering utilizes software and systems engineering to create high-value solutions aimed at helping customers meet mission-critical needs.

Praxis Engineering Technologies LLC leverages software and systems engineering as foundational pillars for delivering high-value solutions. Their approach is characterized by:

Integration: Seamlessly integrating software and systems engineering to create holistic solutions.
Customization: Tailoring solutions to meet the specific needs and requirements of each client.
Innovation: Continuously exploring and implementing new technologies and methodologies to enhance performance.
Scalability: Designing solutions that can scale to meet growing demands and evolving mission requirements.
Reliability: Ensuring the reliability and robustness of solutions through rigorous testing and quality assurance processes.

2.2 What Role Does Agile Management Play in Praxis Engineering’s Services?

Agile management plays a crucial role in Praxis Engineering’s services, enabling flexibility, adaptability, and rapid response to changing client needs.

Agile management is integral to Praxis Engineering Technologies LLC’s service delivery model. By adopting agile methodologies, Praxis ensures:

Flexibility: Adapting quickly to changing project requirements and priorities.
Collaboration: Fostering close collaboration between teams, stakeholders, and clients.
Transparency: Providing clear visibility into project progress and performance.
Continuous Improvement: Regularly evaluating and refining processes to enhance efficiency and effectiveness.
Rapid Delivery: Accelerating the delivery of solutions through iterative development cycles.

2.3 Can You Provide Examples of Praxis Engineering’s Mission Application Development?

Praxis Engineering develops mission applications for the Intelligence Community, helping customers leverage efficient infrastructures and modernize their applications.

Praxis Engineering Technologies LLC has a proven track record of developing mission-critical applications that support the Intelligence Community. Examples of their work include:

Intelligence Gathering Platforms: Developing platforms that collect, process, and analyze intelligence data from multiple sources.
Secure Communication Systems: Creating secure communication systems that enable intelligence personnel to communicate effectively and securely.
Data Analytics Tools: Building tools that extract actionable insights from large datasets, improving decision-making.
Surveillance and Reconnaissance Systems: Developing systems that enhance surveillance and reconnaissance capabilities.
Cybersecurity Applications: Creating applications that protect critical systems and data from cyber threats.

3. Who Are the Key People Behind Praxis Engineering Technologies LLC?

Key people behind Praxis Engineering Technologies LLC include Bill Dunahoo and Jerry Schepers, who provided leadership and industry-leading talent.

Praxis Engineering Technologies LLC was founded and led by a team of experienced professionals who brought a wealth of knowledge and expertise to the company. Key individuals include:

Bill Dunahoo: As President and co-founder, Bill Dunahoo played a pivotal role in shaping the company’s vision, strategy, and culture.
Jerry Schepers: Partnering with Bill Dunahoo, Jerry Schepers contributed significantly to the company’s technical leadership and operational excellence.
Leigh Palmer: As CSRA’s Executive Vice President for Intelligence, Leigh Palmer was instrumental in overseeing the integration of Praxis into CSRA.

3.1 What Was Bill Dunahoo’s Role at Praxis Engineering?

Bill Dunahoo was the President and co-founder of Praxis Engineering, playing a crucial role in the company’s vision and growth.

Bill Dunahoo’s leadership was characterized by:

Strategic Vision: Setting the strategic direction of the company and identifying opportunities for growth.
Cultural Leadership: Fostering a culture of innovation, collaboration, and excellence.
Client Engagement: Building and maintaining strong relationships with clients.
Talent Development: Attracting, retaining, and developing top talent.
Operational Excellence: Ensuring the efficient and effective operation of the company.

Bill Dunahoo, Former President of Praxis Engineering

3.2 How Did Jerry Schepers Contribute to Praxis Engineering?

Jerry Schepers contributed significantly to Praxis Engineering through technical leadership and operational excellence.

Jerry Schepers played a vital role in:

Technical Leadership: Providing technical guidance and direction to engineering teams.
Operational Management: Overseeing the day-to-day operations of the company.
Project Delivery: Ensuring the successful delivery of projects to clients.
Innovation: Driving innovation through the implementation of new technologies and methodologies.
Quality Assurance: Maintaining high standards of quality and reliability in all projects.

3.3 What Was Leigh Palmer’s Vision for Integrating Praxis into CSRA?

Leigh Palmer envisioned leveraging Praxis’ creativity across the CSRA enterprise to enhance mission impact and offerings to the intelligence community.

Leigh Palmer’s vision for integrating Praxis into CSRA was centered on:

Enhancing Mission Impact: Leveraging Praxis’ expertise to deliver greater value and impact to clients in the Intelligence Community.
Expanding Service Offerings: Integrating Praxis’ capabilities into CSRA’s broader portfolio of services.
Fostering Innovation: Promoting a culture of innovation and creativity across the CSRA enterprise.
Talent Integration: Integrating Praxis’ talented workforce into CSRA’s existing teams.
Cultural Alignment: Ensuring a smooth cultural transition and alignment between the two companies.

4. What Were the Financial Aspects of the Praxis Engineering Acquisition?

The financial aspects of the Praxis Engineering acquisition included a $235 million cash purchase by CSRA, subject to customary closing conditions and approvals.

The acquisition of Praxis Engineering Technologies LLC by CSRA Inc. involved several key financial considerations:

Purchase Price: CSRA acquired Praxis for $235 million in cash.
Closing Conditions: The acquisition was subject to customary closing conditions and approvals, including antitrust approval under the Hart-Scott-Rodino Act.
Transaction Completion: The transaction was expected to be completed during CSRA’s third quarter, ending December 29, 2017.
Subsidiary Status: Upon completion, Praxis Engineering Technologies, LLC became a wholly-owned subsidiary of CSRA LLC.

4.1 How Was the Acquisition Financed?

The acquisition was financed through a $235 million cash purchase by CSRA, indicating a strong financial position.

The financing of the acquisition was straightforward, with CSRA utilizing its cash reserves to fund the $235 million purchase price. This demonstrates:

Financial Strength: CSRA’s robust financial position and ability to execute strategic acquisitions.
Investment Strategy: A commitment to investing in growth opportunities that enhance its market position and capabilities.
Confidence: Confidence in the strategic fit and potential value creation of the acquisition.

4.2 What Were the Roles of the Financial Advisors in the Acquisition?

Financial advisors played key roles in the acquisition, with Houlihan Lokey serving as the exclusive financial advisor to Praxis.

Several financial advisory firms played crucial roles in facilitating the acquisition:

Houlihan Lokey: Served as the exclusive financial advisor to Praxis, providing guidance on valuation, negotiation, and transaction structuring.
BDO USA, LLP: Served as the accounting advisor to CSRA, providing due diligence and financial analysis services.
Chesapeake Corporate Advisors, LLC: Acted as transaction advisor to the stockholders of Praxis Engineering Holding, Inc.

4.3 What Was the Expected Timeline for Completing the Acquisition?

The acquisition was expected to be completed during CSRA’s third quarter, which ended December 29, 2017.

The timeline for completing the acquisition was relatively swift, with the expectation that the transaction would close during CSRA’s third quarter, ending December 29, 2017. This timeline reflects:

Strategic Alignment: A strong strategic fit between the two companies, facilitating a smooth and efficient integration process.
Due Diligence: Thorough due diligence conducted by both parties to ensure a clear understanding of the financial and operational aspects of the transaction.
Regulatory Approvals: Anticipation of timely regulatory approvals, including antitrust clearance under the Hart-Scott-Rodino Act.

5. How Did the Acquisition Benefit CSRA Inc.?

The acquisition benefited CSRA Inc. by enhancing its value proposition to the Intelligence Community and enabling the leveraging of efficient infrastructures.

The acquisition of Praxis Engineering Technologies LLC provided CSRA Inc. with numerous strategic and operational benefits:

Enhanced Capabilities: Expanded CSRA’s capabilities in software and systems engineering, particularly in the Intelligence Community.
Increased Market Share: Strengthened CSRA’s position in the government IT services market.
Talent Acquisition: Added over 350 highly-cleared employees, with expertise in software and systems engineering.
Innovation Culture: Integrated Praxis’s best-idea-wins culture, fostering innovation across the CSRA enterprise.
Revenue Growth: Drove revenue growth through expanded service offerings and client base.

5.1 What Capabilities Did Praxis Engineering Bring to CSRA?

Praxis Engineering brought capabilities in mission applications development and engagement in the Intelligence Community to CSRA.

Praxis Engineering Technologies LLC brought a wealth of specialized capabilities to CSRA, including:

Mission Applications Development: Creating custom applications tailored to the specific needs of intelligence and defense operations.
Systems Engineering: Designing, integrating, and managing complex systems to ensure optimal performance.
Agile Management Solutions: Implementing agile methodologies to improve project management, collaboration, and responsiveness.
Cybersecurity Solutions: Protecting critical systems and data from cyber threats through advanced security measures.
Consulting Services: Providing expert advice and guidance on technology strategy, implementation, and optimization.

5.2 How Did the Acquisition Improve CSRA’s Service Offerings?

The acquisition improved CSRA’s service offerings by providing greater offerings to customers in the intelligence community.

The acquisition of Praxis Engineering Technologies LLC enabled CSRA to enhance its service offerings in several ways:

Expanded Service Portfolio: CSRA was able to offer a more comprehensive range of services, including specialized solutions for the Intelligence Community.
Enhanced Expertise: CSRA gained access to Praxis’s team of highly skilled engineers and consultants, enhancing its technical expertise.
Improved Innovation: CSRA was able to leverage Praxis’s culture of innovation to develop cutting-edge solutions for its clients.
Increased Competitiveness: CSRA became more competitive in the government IT services market, particularly in the Intelligence Community.

5.3 What Was the Impact on CSRA’s Workforce?

The acquisition added over 350 highly-cleared employees to CSRA’s workforce, enhancing its expertise and capabilities.

The addition of Praxis Engineering Technologies LLC’s workforce had a significant impact on CSRA:

Increased Talent Pool: CSRA added over 350 highly-cleared employees, with the majority being software and systems engineers holding top-level clearances.
Enhanced Expertise: The influx of new talent enhanced CSRA’s expertise in critical areas such as software engineering, systems engineering, and cybersecurity.
Improved Capabilities: CSRA’s ability to deliver high-value solutions to its clients was strengthened by the addition of Praxis’s skilled workforce.
Cultural Diversity: The integration of Praxis’s workforce brought greater diversity to CSRA’s culture, fostering innovation and collaboration.

6. What Was the Cultural Fit Between Praxis Engineering and CSRA?

Cultural fit was of paramount importance in selecting a partner, with Praxis emphasizing a best-idea-wins approach that aligned with CSRA’s values.

The cultural compatibility between Praxis Engineering Technologies LLC and CSRA Inc. was a critical factor in the acquisition. Key aspects of the cultural fit included:

Innovation Focus: Both companies shared a commitment to innovation and developing cutting-edge solutions.
Best-Idea-Wins Culture: Praxis’s emphasis on a best-idea-wins approach aligned with CSRA’s values, fostering a culture of collaboration and meritocracy.
Client-Centric Approach: Both companies were dedicated to providing exceptional service and value to their clients.
Employee Empowerment: Both companies valued employee empowerment and providing opportunities for professional growth and development.

6.1 How Did Praxis Engineering Describe Its Culture?

Praxis Engineering described its culture as one that exemplifies best-idea-wins, emphasizing creativity and innovation.

Praxis Engineering Technologies LLC prided itself on fostering a unique and dynamic culture characterized by:

Best-Idea-Wins: A meritocratic environment where the best ideas, regardless of their source, are embraced and implemented.
Creativity: Encouraging employees to think outside the box and develop innovative solutions.
Collaboration: Fostering close collaboration between teams and individuals.
Empowerment: Empowering employees to take ownership of their work and make a meaningful impact.
Continuous Learning: Promoting a culture of continuous learning and professional development.

6.2 What Values Did CSRA Share with Praxis Engineering?

CSRA shared values with Praxis Engineering including a commitment to innovation, client service, and employee empowerment.

CSRA Inc. shared several core values with Praxis Engineering Technologies LLC, which facilitated a smooth cultural integration:

Innovation: A commitment to developing innovative solutions that address the evolving needs of clients.
Client Service: A dedication to providing exceptional service and value to clients.
Employee Empowerment: A belief in empowering employees to take ownership of their work and make a meaningful impact.
Collaboration: A focus on fostering collaboration and teamwork across the organization.
Integrity: A commitment to conducting business with the highest standards of integrity and ethics.

6.3 How Did the Cultural Fit Impact the Acquisition?

The cultural fit facilitated a smooth integration, enabled accelerated growth, and provided more opportunities for employees.

The strong cultural alignment between Praxis Engineering Technologies LLC and CSRA Inc. had a positive impact on the acquisition:

Smooth Integration: Facilitated a smooth and efficient integration process, minimizing disruptions and maximizing synergies.
Accelerated Growth: Enabled accelerated growth by leveraging the combined strengths and capabilities of the two companies.
Employee Opportunities: Provided more opportunities for employees to advance their careers and develop new skills.
Enhanced Innovation: Fostered a more innovative and collaborative work environment, leading to the development of cutting-edge solutions.

7. What Were the Legal Aspects of the Praxis Engineering Acquisition?

The legal aspects of the Praxis Engineering acquisition involved customary closing conditions, antitrust approval under the Hart-Scott-Rodino Act, and legal counsel from Holland & Knight LLP and Venable LLP.

The acquisition of Praxis Engineering Technologies LLC by CSRA Inc. involved several legal considerations:

Closing Conditions: The acquisition was subject to customary closing conditions, which are standard requirements that must be met before the transaction can be completed.
Antitrust Approval: The acquisition required antitrust approval under the Hart-Scott-Rodino Act, which ensures that the transaction does not violate antitrust laws and harm competition.
Legal Counsel: CSRA was represented by Holland & Knight LLP, while Praxis was represented by Venable LLP, both of which provided legal guidance and support throughout the acquisition process.

7.1 What Was the Role of Holland & Knight LLP?

Holland & Knight LLP served as external legal counsel to CSRA, providing guidance on the legal aspects of the acquisition.

Holland & Knight LLP played a crucial role in advising CSRA on the legal aspects of the acquisition, including:

Due Diligence: Conducting legal due diligence to assess the risks and opportunities associated with the acquisition.
Negotiation: Negotiating the terms of the acquisition agreement.
Regulatory Compliance: Ensuring compliance with all applicable laws and regulations.
Transaction Structuring: Structuring the transaction in a way that maximizes its benefits and minimizes its risks.

7.2 What Was the Role of Venable LLP?

Venable LLP served as external legal counsel to Praxis, providing legal support and guidance throughout the acquisition process.

Venable LLP provided comprehensive legal support to Praxis throughout the acquisition process, including:

Due Diligence: Assisting Praxis in preparing for and responding to legal due diligence requests.
Negotiation: Negotiating the terms of the acquisition agreement on behalf of Praxis.
Regulatory Compliance: Ensuring that the acquisition complied with all applicable laws and regulations.
Client Advocacy: Representing Praxis’s interests and advocating for its rights throughout the transaction.

7.3 What Is the Hart-Scott-Rodino Act?

The Hart-Scott-Rodino Act requires antitrust approval for acquisitions, ensuring the transaction does not harm competition.

The Hart-Scott-Rodino (HSR) Act is a federal law that requires companies to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) before completing certain mergers and acquisitions. The purpose of the HSR Act is to:

Prevent Anti-Competitive Mergers: Ensure that mergers and acquisitions do not harm competition by creating monopolies or reducing consumer choice.
Review Transactions: Allow the FTC and DOJ to review proposed transactions and determine whether they raise antitrust concerns.
Enforce Antitrust Laws: Provide the FTC and DOJ with the information they need to enforce antitrust laws and protect consumers.

8. What Does This Acquisition Mean for the Future of Technology and Innovation?

This acquisition signifies a strategic move to enhance capabilities in mission-critical technologies and innovation within the Intelligence Community.

The acquisition of Praxis Engineering Technologies LLC by CSRA Inc. has broader implications for the future of technology and innovation, particularly in the context of mission-critical applications and the Intelligence Community:

Accelerated Innovation: By combining the strengths of both companies, the acquisition is likely to accelerate innovation in areas such as software engineering, systems engineering, and cybersecurity.
Enhanced Capabilities: The acquisition enhances the capabilities of both companies to deliver cutting-edge solutions that address the evolving needs of the Intelligence Community.
Increased Investment: The acquisition may lead to increased investment in research and development, fostering further technological advancements.
Competitive Landscape: The acquisition may reshape the competitive landscape in the government IT services market, creating new opportunities and challenges for other players.

8.1 How Will It Impact Innovation in the Intelligence Community?

The acquisition will likely foster innovation in the Intelligence Community through enhanced capabilities and accelerated development of mission-critical technologies.

The acquisition is expected to have a significant impact on innovation within the Intelligence Community by:

Enhancing Technology Development: Facilitating the development of more advanced and effective technologies for intelligence gathering, analysis, and dissemination.
Promoting Collaboration: Fostering greater collaboration between government agencies, private sector companies, and research institutions.
Attracting Talent: Attracting and retaining top talent in the fields of software engineering, systems engineering, and cybersecurity.
Improving Security: Enhancing the security and resilience of critical infrastructure and information systems.

8.2 What Are the Potential Long-Term Effects on the Technology Market?

The long-term effects on the technology market could include increased competition, accelerated innovation, and enhanced service offerings for government clients.

The long-term effects of the acquisition on the technology market could include:

Increased Competition: The acquisition may intensify competition in the government IT services market, as other companies seek to expand their capabilities and market share.
Accelerated Innovation: The acquisition may spur innovation across the industry, as companies strive to develop more advanced and effective technologies.
Enhanced Service Offerings: Government clients may benefit from enhanced service offerings and more tailored solutions as a result of the acquisition.
Market Consolidation: The acquisition may lead to further consolidation in the government IT services market, as companies seek to achieve greater scale and efficiency.

8.3 How Might It Influence Future Mergers and Acquisitions?

It may influence future mergers and acquisitions by highlighting the importance of cultural fit and strategic alignment in achieving successful integration.

The acquisition of Praxis Engineering Technologies LLC by CSRA Inc. may influence future mergers and acquisitions in the technology sector by:

Emphasizing Cultural Fit: Highlighting the importance of cultural compatibility between companies to ensure a smooth and successful integration.
Highlighting Strategic Alignment: Underscoring the need for a clear strategic rationale for mergers and acquisitions, with a focus on creating synergies and enhancing capabilities.
Promoting Due Diligence: Reinforcing the importance of thorough due diligence to assess the risks and opportunities associated with potential transactions.
Encouraging Innovation: Encouraging companies to pursue mergers and acquisitions that foster innovation and enhance their competitive advantage.

9. What Are the Forward-Looking Statements Related to the Acquisition?

Forward-looking statements related to the acquisition include expectations about the timing and ability to complete the transaction and the integration of Praxis with CSRA.

Forward-looking statements are statements that relate to future events and are based on current expectations, estimates, and projections. In the context of the acquisition of Praxis Engineering Technologies LLC by CSRA Inc., forward-looking statements included:

Timing of Completion: Expectations about when the acquisition would be completed.
Ability to Complete: Beliefs about the likelihood of successfully completing the acquisition.
Integration Plans: Intentions regarding the integration of Praxis into CSRA.
Expected Benefits: Anticipated benefits and synergies resulting from the acquisition.

9.1 What Risks and Uncertainties Were Associated with These Statements?

Risks and uncertainties included regulatory approvals and other factors outside CSRA’s control that could cause actual results to differ.

Associated with these forward-looking statements were several risks and uncertainties that could cause actual results to differ materially from those projected:

Regulatory Approvals: The acquisition was subject to regulatory approvals, including antitrust clearance, which could be delayed or denied.
Integration Challenges: Integrating Praxis into CSRA could present unforeseen challenges, such as cultural differences or operational difficulties.
Market Conditions: Changes in market conditions, such as economic downturns or shifts in government spending, could impact the success of the acquisition.
Competition: Increased competition in the government IT services market could erode CSRA’s market share and profitability.

9.2 How Did CSRA Address the Possibility of Differing Results?

CSRA disclaimed any intention or obligation to update these forward-looking statements, whether as a result of subsequent events or otherwise.

To address the possibility of differing results, CSRA included a disclaimer in its press release stating that it disclaimed any intention or obligation to update these forward-looking statements, whether as a result of subsequent events or otherwise. This disclaimer served to:

Manage Expectations: Manage investors’ expectations by cautioning them not to place undue reliance on forward-looking statements.
Limit Liability: Limit CSRA’s liability for any inaccuracies or changes in its forward-looking statements.
Provide Transparency: Provide transparency about the inherent uncertainties associated with forward-looking statements.
Encourage Independent Analysis: Encourage investors to conduct their own independent analysis of the acquisition and its potential impact.

10. Where Can You Find More Information About Praxis Engineering and CSRA?

You can find more information about Praxis Engineering and CSRA on their respective websites and through industry news sources.

To find more information about Praxis Engineering Technologies LLC and CSRA Inc., you can explore the following resources:

Company Websites: Visit the official websites of Praxis Engineering and CSRA for detailed information about their services, products, and company history.
Press Releases: Review press releases issued by both companies for announcements about acquisitions, partnerships, and other significant events.
Industry News: Read industry news articles and reports for insights into the companies’ performance, strategies, and market position.
Financial Reports: Access financial reports filed with the Securities and Exchange Commission (SEC) for information about CSRA’s financial performance and condition.
Social Media: Follow the companies on social media platforms such as LinkedIn and Twitter for updates and insights.

10.1 What Resources Are Available on the CSRA Website?

The CSRA website provides information about the company’s mission, services, and solutions, offering insights into its operations.

The CSRA website offers a wealth of information about the company, including:

Company Overview: A comprehensive overview of CSRA’s mission, values, and history.
Service Offerings: Detailed descriptions of CSRA’s service offerings, including IT solutions, consulting services, and cybersecurity solutions.
Case Studies: Examples of successful projects and client engagements.
News and Events: Press releases, blog posts, and announcements about upcoming events.
Investor Relations: Information for investors, including financial reports, SEC filings, and investor presentations.
Careers: Job postings and information about career opportunities at CSRA.

10.2 How Can Industry News Sources Help You Stay Informed?

Industry news sources provide up-to-date information on Praxis Engineering, CSRA, and the broader technology landscape.

Industry news sources can help you stay informed about Praxis Engineering Technologies LLC, CSRA Inc., and the broader technology landscape by providing:

Breaking News: Timely coverage of important events, such as acquisitions, partnerships, and product launches.
In-Depth Analysis: Detailed analysis of industry trends, market dynamics, and company strategies.
Expert Commentary: Insights from industry experts, analysts, and thought leaders.
Company Profiles: In-depth profiles of key companies and executives.
Market Research: Access to market research reports and data.

10.3 Where Can You Find Financial Reports and SEC Filings?

Financial reports and SEC filings can be found on the SEC website and through investor relations sections of company websites.

To access financial reports and SEC filings for CSRA Inc., you can:

Visit the SEC Website: Access the SEC’s EDGAR database to search for and download financial reports and SEC filings.
Check the Investor Relations Section: Visit the investor relations section of CSRA’s website for links to financial reports, SEC filings, and investor presentations.
Use Financial Databases: Utilize financial databases such as Bloomberg, Thomson Reuters, or FactSet to access comprehensive financial data and analysis.

Staying informed about Praxis Engineering Technologies LLC and CSRA Inc. requires leveraging multiple resources and staying up-to-date on the latest news and developments.

CSRA Corporate Office

In conclusion, Praxis Engineering Technologies LLC has made significant contributions to the Intelligence Community through its specialized services and innovative solutions. The acquisition by CSRA Inc. has enhanced CSRA’s capabilities and market position, paving the way for future growth and innovation. For those seeking to stay ahead in today’s fast-paced technology landscape, pioneer-technology.com offers valuable insights, expert analysis, and up-to-date information on the latest trends and developments.

Visit pioneer-technology.com today to explore our extensive library of articles, discover cutting-edge technologies, and stay informed about the trends shaping our world. Don’t miss out on the opportunity to enhance your knowledge and gain a competitive edge with pioneer-technology.com.

FAQ: Praxis Engineering Technologies LLC

1. What exactly does Praxis Engineering Technologies LLC do?

Praxis Engineering Technologies LLC specializes in providing software and systems engineering solutions, primarily serving the Intelligence Community. The firm excels in developing mission-critical applications and integrating advanced technologies.

2. Where is Praxis Engineering Technologies LLC located?

Praxis Engineering Technologies LLC is headquartered in Annapolis Junction, Maryland, placing it strategically within the technology corridor near Washington, D.C.

3. How many employees did Praxis Engineering have before being acquired?

Prior to its acquisition, Praxis Engineering employed more than 350 highly-cleared professionals, most of whom were software and systems engineers with top-level security clearances.

4. Who were the key leaders at Praxis Engineering Technologies LLC?

Bill Dunahoo, the President and co-founder, and Jerry Schepers were key leaders at Praxis Engineering. Their leadership was crucial in shaping the company’s culture and strategic direction.

5. Why was Praxis Engineering Technologies LLC acquired by CSRA Inc.?

Praxis Engineering was acquired by CSRA Inc. to enhance CSRA’s value proposition to the Intelligence Community and to leverage Praxis’s expertise in mission applications development and agile management solutions.

6. How much did CSRA Inc. pay for Praxis Engineering Technologies LLC?

CSRA Inc. acquired Praxis Engineering Technologies LLC for $235 million in cash, reflecting the high value placed on Praxis’s specialized capabilities and talent.

7. What kind of cultural environment did Praxis Engineering foster?

Praxis Engineering fostered a “best-idea-wins” culture, encouraging creativity, collaboration, and continuous improvement, which aligned well with CSRA’s values.

8. What legal firms were involved in the acquisition of Praxis Engineering?

Holland & Knight LLP served as external legal counsel to CSRA, while Venable LLP served as external legal counsel to Praxis, ensuring all legal aspects of the acquisition were properly addressed.

9. How did the acquisition benefit CSRA’s service offerings?

The acquisition allowed CSRA to offer a more comprehensive range of services, especially to its clients in the Intelligence Community, by integrating Praxis’s specialized expertise and skilled workforce.

10. What was the expected timeline for completing the acquisition?

The acquisition was expected to be completed during CSRA’s third quarter, which ended December 29, 2017, indicating a swift and efficient integration process.