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Peraton exec takes top spot at V2X
Jeremy Wensinger will replace Chuck Prow as president and CEO of McLean-based aerospace and defense contractor V2X on June 17, the company announced Monday. The transition is part of a “board-led succession planning process” the company said in a news release. Wensinger, who will also be a member of V2X”s board of directors, has more […]
PAE aviation division receives $136.5M Air Force contract
Arlington-based PAE Aviation and Technical Services LLC has received a $136.5 million contract to provide aerial target operations and maintenance for the Air Force, the Pentagon announced Thursday. Under the contract, PAE will conduct lethality testing of major weapons systems and munitions programs at Tyndall Air Force Base in Florida and Holloman Air Force Base […]
PAE lands $111.7M contract from U.S. Army
PAE Applied Technologies LLC has been awarded a contract worth $111.7 million for the operations, maintenance and repair work at the U.S. Army Garrison Rheinland-Pfalz in Germany, the Department of Defense announced Monday. The contract includes maintenance and repair of installed building equipment, equipment-in-place, minor construction, ground maintenance, snow, ice and sand removal, pest contr[...]
PAE’s former head named Amentum CEO
John Heller, the former CEO of Falls Church-based contractor PAE Inc., will serve as CEO of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc., which purchased PAE earlier this month. Heller, who led PAE for seven years until March 2021, will take his new post effective March 28, Amentum announced Thursday. ”It is an honor […]
Amentum seals deal on $1.9B PAE acquisition
The $1.9 billion, all-cash acquisition of Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) by an affiliate of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc. has closed, the two companies have announced. The deal, which closed Feb. 15, was first announced in October 2021 and PAE’s stockholders voted to approve the deal [&hel[...]
PAE stockholders approve $1.9B acquisition by Amentum
Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) announced Thursday its stockholders voted to approve and adopt the company’s previously announced agreement to be acquired by an affiliate of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc. in a $1.9 billion all-cash deal. The transaction is expected to close on or around Feb. [[...]
Amentum to acquire PAE for $1.9B
Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) has agreed to be acquired by an affiliate of Germantown, Maryland, aerospace defense contractor Amentum in a $1.9 billion all-cash deal. The transaction is expected to close by the end of the first quarter of 2022, at which time PAE will become a wholly owned […]
Arlington’s Macfadden wins $177.5M USAID contract
Arlington-based Macfadden & Associates Inc., a subsidiary of Falls Church-based Pacific Architects and Engineers Co. (PAE), has been awarded a $177.5 million task order to support the United States Agency for International Development (USAID)’s Bureau for Humanitarian Assistance, the company announced Wednesday. Macfadden, an international consulting firm offering technical services to [...]
PAE wins $74.2M contract to support Marine base in Japan
Falls Church-based defense and government services contractor Pacific Architects and Engineers Inc. (PAE) was awarded a potential $74.2 million contact to run base operating support services at U.S. Marine Corps Air Station Iwakuni, Japan, providing maintenance and repair services for base facilities, grounds and family housing, including custodial services and wastewater operations. The contract [...]
PAE Inc. president and CEO resigns
PAE Inc., a Falls Church-based government contractor, has appointed Charles Peiffer as its interim president and CEO starting Friday, March 19, following the resignation this week of John Heller, who had led the company since 2013. Peiffer is PAE‘s executive vice president and chief financial officer. Heller, who joined PAE from Engility Corp., resigned as […]
PAE awarded $152M task orders for military aircraft maintenance support
Falls Church-based PAE has been awarded two new business task orders to support aircraft maintenance with a combined value of up to $151.8 million. The task orders were awarded under the U.S. Air Force Contract Field Team Services indefinite delivery, indefinite quantity services contract, which has a ceiling value of $11.4 billion. Through these awards, […]
Professional Services Council reelects Leidos CEO as board chair
The Professional Services Council (PSC) Board of Directors announced Thursday it has reelected Roger Krone, chairman and CEO of Reston-based Fortune 500 government contractor Leidos Holdings Inc., as chair for 2021. The PSC Board of Directors consists of 80 executives from member companies who are elected by their peers. Its leadership includes Krone, along with […]
