PAE Wins Seat on $5.1 Billion Army Technology Contract

Tuesday, 21. January 2020 15:00

Falls Church, Jan. 21, 2020 (GLOBE NEWSWIRE) -- PAE, a global leader in delivering smart solutions to the U.S. government and its allies, was awarded a prime position on a $5.1 billion contract to enhance and expand technology support for warfighters. Further, in recognition of PAE’s commitment to support small businesses, PAE also won spots on the contract through the small business restricted track by partnering with established small business technology companies.

The U.S. Army selected PAE for its Global Tactical Advanced Communication Systems II contract, a 10-year, multiple award, indefinite delivery/indefinite quantity contract vehicle to supply technology services and hardware support to develop a new tactical communication network for soldiers. 

“We’re pleased to be an integral part of developing the next generation of enhanced networked battle command solutions to ensure our warfighters are armed with the cutting-edge, relevant technology to support their missions,” said PAE CEO John Heller.

GTACS II is the Army’s largest contract vehicle in networked battle command solutions for in-theater support outside the continental United States. PAE will have the opportunity to provide systems life cycle support, including engineering, process development, trouble-shooting, training, customization, maintenance of technology systems and other services to support the evolution and refinement of these systems.

For more information, visit pae.com.

 

About PAE

For more than 60 years, PAE has tackled the world’s toughest challenges to deliver agile and steadfast solutions to the U.S. government and its allies. With a global workforce of more than 20,000 on all seven continents and in approximately 60 countries, PAE delivers a broad range of operational support services to meet the critical needs of our clients. Our headquarters is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn

 

Forward-Looking Statements

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, management of growth, needs for additional capital, risks related to U.S. government contracting generally, including congressional approval of appropriations, and bid protests. These forward-looking statements are based on PAE’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events.

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. 

 

Kerry McGinley
PAE
719-217-6204
kerry.mcginley@pae.com
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