National Aeronautics and Space Administration Īccording to PAE, since 2016 it has operated NASA's Stennis Space Center and Michoud Assembly Facility as part of a joint contract with BWX Technologies. PAE was also awarded the contracts for the construction of 44 Province Interrogation Centers (PICs) in South Vietnam. Central Intelligence Agency ĭuring the Vietnam War, PAE provided cover for the Central Intelligence Agency's Phoenix Program Colston Westbrook was among Phoenix Program operators formally employed by PAE. government after it "failed to follow vetting requirements for personnel working in Afghanistan under a State Department contract for labor services" $875,000 of the fine was awarded to a PAE whistleblower who first reported the issue. In 2017 it paid a $5 million fine to the U.S. A PAE program manager, his spouse, and two employees of a sub-contractor also pleaded guilty to criminal charges of procurement fraud over the matter. Department of Justice, "former managers of PAE and RM Asia funneled subcontracts paid for by the government to companies owned by the former managers and their relatives by using confidential bid information to ensure that their companies would beat out other, honest competitors". Army contract for support in Afghanistan. The same year it, along with two sub-contractors, agreed to a $1.45 million out-of-court settlement with the United States over claims it had engaged in bid-rigging of a U.S. Īs of 2015, PAE was 57th in a list of the top 100 contractors of the United States government based on total value of contracts signed, receiving $1.04 billion in contract awards that year. Department of Energy, UK Ministry of Defence, National Science Foundation, National Oceanic and Atmospheric Administration, U.S. According to PAE, its clients – as of 2016 – included the United Nations, New Zealand Defence Force, U.S. PAE specializes in "expeditionary logistics" and " nation building" including construction and supply of basecamps for peacekeeping missions, airfield management and maintenance, foreign aid distribution, police training, and elections monitoring, and it has additional capabilities including technical support for weapons of mass destruction elimination, vessel and cargo tracking software, crime scene software, and weather forecasting. Ward speaks with PAE personnel staffing the galley at Camp Lemonnier, a U.S. In 2018, PAE acquired Macfadden & Associates (Macfadden), a leader in international disaster response operational support. Two years later, in 2017, it purchased FCi. In 2015 PAE acquired both A-T Solutions and the Global Security and Solutions unit of U.S. The company became publicly traded on the NASDAQ in February 2020. Lindsay Goldberg sold PAE to Platinum Equity in 2016. It was sold by Lockheed, in 2011, to Lindsay Goldberg for about $700 million. During Lockheed's ownership, PAE moved its headquarters from Los Angeles, California to Arlington, Virginia. 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. Shay – assumed control of the company as chairman and CEO. Following Shay's death in 1995, his son – Allen E. The program sold its shares back to Shay in 1988. Shay continued as chair, CEO, and sole shareholder of PAE until 1974 when 40 percent of the company was sold to an employee stock ownership program. PAE was founded in California in 1955 by Edward Shay, an American engineer who had worked in Japan during the occupation of Japan its earliest business deals involved property development in Japan. Other significant clients have included the United Nations, the UK Ministry of Defence, the New Zealand Defence Force, and the Central Intelligence Agency. PAE is a major supplier of services to the U.S. In February 2022 the company merged with Amentum Government Services Holdings LLC and its stock was delisted from Nasdaq. For a time after 2016 it was owned by Platinum Equity until it became listed on Nasdaq in 2018. Founded in 1955 by Edward Shay, it is headquartered in Arlington, Virginia. Pacific Architects and Engineers (commonly known as PAE, or PA&E) is an American defense and government services contractor.
0 Comments
Leave a Reply. |