Who Owns Pae
(Pacific Architects and Engineers) Has Agreed to Be Acquired by an Affiliate of Germantown, Maryland, Aerospace Defense Contractor Amentum in a $1.9 Billion...
(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 affiliate of Amentum.
Does Lockheed Martin own PAE?
PAE was acquired by Lockheed Martin in 2006 in what was reported, in a subsequent court filing, to be a cash transaction valued at approximately $1.2 billion. During Lockheed’s ownership, PAE moved its headquarters from Los Angeles, California to Arlington, Virginia.
Must Read
Is PAE a government services?
At PAE, our guiding principles are a commitment to excellence and integrity. We are a global leader providing services and support to the U.S. government, its allied partners and international organizations.