PAE (Nasdaq: PAE) has closed its $208M cash acquisition of Burlington, Massachusetts-based intelligence analysis service provider Centra Technology in a deal PAE President and CEO John Heller says will expand the Falls Church, Virginia-based contractor’s addressable government market areas.
Heller, a five-time Wash100 Award recipient, said in a statement released Friday the combination will add “qualified employees to our global workforce with subject matter expertise across a broad range of critical national security issues.”
PAE first announced the transaction last month as part of a strategy to expand its access to major contract vehicles and add intelligence analysis, research and development and communications system integration offerings.
The company estimated that the transaction will increase its total addressable market by $36B in annual spending.
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
DHS has forecast a sole-source, 12-month follow-on BPA worth up to $100 million for identity, credential and access management support.
Proposals for the multiple-award vehicle are due Dec. 4 through the PIEE Solicitation Module.
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
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