PAE (Nasdaq: PAE) has closed its $208M cash acquisition of Burlington, Massachusetts-based intelligence analysis service provider Centra Technology in a deal PAE President and CEO John Heller says will expand the Falls Church, Virginia-based contractor’s addressable government market areas.
Heller, a five-time Wash100 Award recipient, said in a statement released Friday the combination will add “qualified employees to our global workforce with subject matter expertise across a broad range of critical national security issues.”
PAE first announced the transaction last month as part of a strategy to expand its access to major contract vehicles and add intelligence analysis, research and development and communications system integration offerings.
The company estimated that the transaction will increase its total addressable market by $36B in annual spending.
SpaceX has secured $75 billion through an IPO priced at $135 per share The offering values the company at approximately…
DCS has appointed Rick Castiglia as executive vice president, general counsel, chief ethics officer and corporate secretary Castiglia will bring…
Woven Solutions has expanded its cyber and engineering portfolio through the acquisition of Insignis The acquisition will provide expertise in…
KBR has secured a potential $1.12 billion NOAA contract in support of the National Mesonet Program The five-year IDIQ contract…
The Air Force has released a draft RFP for TETRAS III, the planned recompete of its test and evaluation contract…
The Navy has selected 59 companies for a potential $249.9 million IDIQ to modernize the IT systems behind its maintenance…
Joe Ayers has joined Broadcom as vice president of its VMware federal business At HPE, he ran a 200-person public…
Precise Systems has received a $116.8 million Navy contract to support electronic warfare sustainment efforts The award covers engineering, logistics…
Agile Defense has named Ben Shotzberger vice president of DHS business development Shotzberger will lead growth efforts and strategic partnerships…
GSA has issued its second Polaris SDVOSB preaward notice 17 companies have been named apparently successful offerors Additional award phases…
OPM has awarded Oracle a potential $396 million HR modernization contract The cloud-based Core HCM platform will support approximately 2…
Retired Gen. James Rainey, who led Army Futures Command until his retirement, has signed on as a strategic adviser to…
You’ve already read all related articles.
VIDEO 
