Sign In
Search
Business/Financial

PAE Says Deal With Amentum Still On After It Can’t Find Another Buyer

Cal Biesecker By
SHARE:
PAE Says Deal With Amentum Still On After It Can’t Find Another Buyer
PAE provides base operations support for the U.S. Navy in Guam. Photo: PAE

PAE Inc. [PAE] on Wednesday said that its acquisition by Amentum is still expected to close early next year after it couldn’t find another buyer. Terms of the deal extended a limited “go-shop” period to PAE to find another potential buyer. The go-shop period expired on Nov. 29 with no alternative acquisition proposal from a third party, PAE said. That means the deal to be acquired by Amentum for $1.9 billion remains on track to close in the first quarter…

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.

Recommended

Business/Financial

Castelion Raises $1 Billion To Produce Hypersonic Weapon Sooner, Develop New Weapons

Space

Portal Space Plans First Launch Of Transorbital Supernova Spacecraft In 2028

Congress

Space Force PAE For Infrastructure Completing Move To Colorado Springs

Advanced / Transformational Technology

Saildrone And Lockheed Martin Test Fired Missiles Off USV During RIMPAC

Trending

Interview with Rolls-Royce’s F130 Program Director, Gregg Pyers on the B-52’s New Engine
Anduril Ramping Up Undersea Drone Production Line Through 2027; Aims To Ready Extra Large Production Line By End of Year
Yearly Production Capacity Of More Than 100 AE 1107F Engines For MV-75, Rolls-Royce Says
Defense Watch: NGI Concerns, Valkyrie CCA, ESB-8 Delivery, Counter-Drone Partners
L3Harris Adding Shield AI’s Computer Vision Tech To Strengthen VAMPIRE C-UAS Platform

Congress Updates

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume