Orbital Closes Sale Of Transportation Management Systems Business

By | June 3, 2008 | ST Briefs, Telecom

[Satellite Today – 06-03-08] Orbital Sciences Corp. completed the sale of its non-core Transportation Management Systems unit to Affiliated Computer Systems (ACS), Orbital announced June 2.
TMS is an integrator of software-based systems that combine satellite navigation and wireless communications to enable municipal transit and other fleet operators to better manage and dispatch public transit and highway service vehicles and commuter light rail systems.
    The sale price in the all-cash transaction was about $43 million.

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