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Search Results for: PAE

Investment Firm Platinum Equity Inks Deal to Buy PAE

Los Angeles-based investment firm Platinum Equity has agreed to purchase Arlington, Va.-based government services contractor PAE from New York City-headquartered private equity firm Lindsay Goldberg for an undisclosed sum in a deal the parties expect to close by February 2016, the companies said Monday. Lindsay Goldberg purchased PAE for $350 …

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Reuters: PAE Attracts Acquisition Offers From 3 Investment Firms

Three private equity firms have put forward bids to acquire Arlington, Virginia-based government services contractor PAE from owner Lindsay Goldberg, Reuters reported Friday. Mike Stone and Greg Roumeliotis write Apollo Global Management emerged as the leading bidder during a recent auction process and is currently in talks with Lindsay Goldberg for a potential acquisition …

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PAE-Parsons JV Re-Awarded Potential $488M Joint Military Base Support Contract

A joint venture of PAE and Parsons has been awarded a potential eight-year, $488.3 million contract to help operate a Guam-based military installation run by the U.S. Navy and the U.S. Air Force. The Defense Department said Friday that DZSP 21 will support management of ports, ordnance, electrical systems, waste water, equipment,  vehicles and surrounding environment at …

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PAE Receives State Dept. Task Orders for Mission Support in Africa

TYSONS CORNER, VA, November 9,  2015 — PAE will provide mission support services to U.S. partner countries in Africa under task orders and contract modifications awarded by the State Department, ExecutiveBiz reported Friday. The company said Thursday the awards are part of the Africa Peacekeeping Program II and Africa Contingency Operations Training and Assistance …

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GAO Upholds PAE-BWXT JV’s $1B NASA Facility Support Contract

The Government Accountability Office has denied a protest of NASA‘s potential 10-year,  $1.2 billion contract awarded in July to a joint venture of PAE and BWXT. Representatives from NASA and PAE have confirmed to GovCon Wire the contract with Syncom Space Services has been re-initiated. GAO will post its decision after …

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PAE Pledges Support for Scholarship Fund to Mark 60th Anniversary

TYSONS CORNER, VA, October 28,  2015 — PAE celebrated its 60th anniversary with an event that highlighted its growth as a business and a pledge to support a scholarship program for engineering students, GovCon Executive reported Tuesday. The company said Monday Vanderbilt University’s Landis Wayne and Nhung Hicks Scholarship fund will receive a …

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PAE Awarded $116M to Support USAF Aerial Target System Testing

PAE has won a $115.9 million contract to help the U.S. Air Force operate, maintain and test aerial target systems under the military service’s weapons evaluation program. The Defense Department said Wednesday that PAE’s aviation and technical services unit will support lethality testing of air-to-air missile, fighter and conventional precision …

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PAE Receives $29M GSA Counter IED Training Contract; Dennis Kelly Comments

PAE has received a $28.7 million task order to develop a counter improvised explosive device training program for the General Services Administration’s Federal Systems Integration and Management Center. PAE will work to analyze and review counter IED individual, collective and battle staff intelligence data under the asymmetric integration training and …

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PAE-BWXT JV Awarded $1.2B NASA Facility Support Services Contract

A joint venture of PAE and BWXT has been awarded a potential $1.2 billion contract to help NASA run and maintain the agency’s Michoud Assembly Facility in New Orleans and Stennis Space Center in Mississippi. NASA said Friday Syncom Space Services will also provide testing and manufacturing services at both facilities. S3 begins the …

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PAE-Parsons JV Awarded Navy Guam Base Operations Support Contract

A PAE–Parsons joint venture has been awarded a potential $85, 266, 729 contract to help the U.S. Navy operate a service branch facility at Joint Region Marianas in Guam. DZSP 21 LLC will help manage ports, ordnance, materials, wastewater, electricity, steam, vehicles and equipment at the base, the Defense Department said Monday. The contract contains a …

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