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Tag Archives: PAE

PAE to Buy CSC Applied Tech Division for $175M Cash; Mike Dignam Comments

PAE has agreed to acquire Computer Sciences Corp.‘s (NYSE: CSC) base operations, aviation and range services division for $175 million in cash as CSC enters its sixth divestiture agreement within the past seven months. The sale of the applied technology division is expected to close during summer 2013 and 5, 400 …

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PAE Wins $62M to Support Navy Bases in Africa

PAE‘s government services unit has won a $62, 157, 548 contract to provide operating support services at U.S. Navy bases in Africa, the Defense Department announced Wednesday. Camp Lemonnier in Djibouti and Camp Simba in Kenya will receive management and administration services for public safety, ordnance, air operations, supply, welfare …

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PAE Appoints Former Vangent CFO Jim Reagan as SVP, CFO

PAE has named Jim Reagan as its senior vice president and chief financial officer, GovCon Wire has learned. Prior to joining PAE, Reagan served as CFO at Vangent for nearly three years. Vangent’s website says Reagan led the company’s finance, contracting and pricing activities. Prior to joining Vangent, Reagan served …

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GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked …

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PAE Added to $900M Army Transportation, Logistics Contract

The U.S. Defense Department has selected PAE as a prime awardee on the U.S. Army‘s heavy lift seven contract, which has a $900 million ceiling. Awardees will provide transportation and logistics services for military equipment and personnel throughout U.S. Army Central Command. PAE will provide personnel, equipment, tools, materials and supervision required to …

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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.

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