Home / M&A Activity / Lockheed Completes PAE Divestiture

Lockheed Completes PAE Divestiture

Lockheed Martin (NYSE: LMT) finalized the divestiture of its Pacific Architects and Engineers Inc. business to Lindsay Goldberg for an undisclosed amount.

Lockheed decided to divest PAE last year after a comprehensive review of the company’s portfolio and customer priorities.

Check Also

NGA Deputy Director Stacey Dixon Receives 2020 Wash100 Award From Jim Garrettson, CEO of Executive Mosaic

Jim Garrettson, found and CEO of Executive Mosaic, presented Dr. Stacey Dixon, deputy director of the National Geospatial-Intelligence Agency (NGA), her first Wash100 Award as a part of the 2020 selection on Wednesday

Teresa Carlson, AWS Worldwide Public Sector VP, Named to 2020 Wash100 for Cloud Innovation, Business Expansion and New Educational Platforms

Executive Mosaic is honored to present Teresa Carlson, vice president of the worldwide public sector business at Amazon Web Services, as an inductee into the 2020 edition of the Wash100 Award for driving cloud innovation, expanding AWS' influence and advocating for cloud computing education within Virginia schools.