Search

Amentum To Acquire PAE To Create $9 Billion Diversified Services Contractor

Amentum To Acquire PAE To Create $9 Billion Diversified Services Contractor
John Vollmer, CEO of Amentum. Photo: Amentum

Amentum on Monday said it has agreed to acquire PAE Inc. [PAE] for $1.9 billion in a deal that would create a more than $9 billion government services contractor with capabilities ranging from aviation logistics and modernization to cybersecurity and intelligence technologies and services. The acquisition is subject to approvals by PAE’s shareholders and regulators and is expected to close by the end of the first quarter of 2022. Amentum had about $6.4 billion in sales in its fiscal year…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]


Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]


Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]


HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]