PAE Awarded Position on $950 Million Air Force IDIQ to Support Foreign Military Sales Transactions
PAE will compete for task orders to provide services that include engineering assessments, hardware procurement, integration of aircraft and intelligence, surveillance and reconnaissance sensors and contractor logistics support for foreign military fleets of fixed- and rotary-wing aircraft and intelligence, surveillance, and reconnaissance systems.
Interim President and CEO
“We believe PAE is uniquely positioned to deliver customized, innovative solutions for
The 13-year contract includes a 10-year ordering period followed by an additional three-year period of performance. Work on the contract will be performed at awardee facilities and Foreign Military Sales locations.
For 65 years, PAE has tackled the world’s toughest challenges to deliver agile and steadfast solutions to the
This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about PAE’s possible or assumed future results of operations, financial results, backlog, estimation of resources for contracts, risks related to IDIQ contracts, strategy for and management of growth, needs for additional capital, risks related to
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside PAE’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.
Forward-looking statements included in this release speak only as of the date of this release. PAE does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws.
For media inquiries regarding PAE, contact:
Senior Communications Manager
For investor inquiries regarding PAE, contact:
Vice President, Investor Relations