20 mai 2020 | International, Aérospatial, Sécurité
May 19, 2020 - Falls Church, Va. – PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart solutions to the U.S. government and its allies, was awarded the National Aviation Maintenance and Logistics Services contract by U.S. Customs and Border Protection, an agency of the U.S. Department of Homeland Security.
The contract has a one-year base period of performance with nine one-year options, a potential three-month extension and an estimated total value of more than $1.26 billion.
PAE President and CEO John Heller said the award recognizes PAE's dependability and specialized expertise for aircraft maintenance.
“With our long track record serving CBP's aircraft maintenance needs, PAE has proven to be a trusted partner in supporting U.S. national security,” Heller said. “We look forward to continuing our support to this critical national security customer as we apply our innovative solutions supporting the CBP mission and fleet of over 200 aircraft.”
“This is truly a team win and a tribute to the more than 650 dedicated men and women on this program,” said PAE Vice President of CBP Program Management Rob Ulses. “These hard-working individuals have established a real partnership with CBP that allows us not only to support day-to-day operations, but to adapt and react to special missions.”
PAE will continue to provide safe and ready aircraft to ensure the U.S. government meets operational commitments to safeguard America's borders. PAE will provide this essential support from aviation operational sites at military bases, civilian airfields and alternate locations across the United States. The broad scope of work extends from scheduled and unscheduled aircraft maintenance and repair to managing fueling, logistics and supplies.
About PAE
For 65 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 about 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, strategy for and management of growth, needs for additional capital, risks related to U.S. government contracting generally, including congressional approval of appropriations, and contract delays or cancellations caused by competitors' bid protests of contract awards received by us. 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 except as may be required by the federal securities laws.
For media inquiries regarding PAE, contact:
Terrence Nowlin
Senior Communications Manager
PAE
703-656-7423
terrence.nowlin@pae.com
For investor inquiries regarding PAE, contact:
Mark Zindler
Vice President, Investor Relations
PAE
703-717-6017
mark.zindler@pae.com
View source version on PAE: https://www.pae.com/news/pae-awarded-ten-year-contract-provide-aircraft-maintenance-us-customs-and-border-protection
27 janvier 2024 | International, Sécurité
Secretary General Jens Stoltenberg welcomed Prime Minister of Montenegro Milojko Spajić to NATO Headquarters on Friday (26 January 2024). They discussed preparations for the upcoming Washington Summit and continued efforts to bolster the Alliance’s deterrence and defence.
15 janvier 2024 | International, Aérospatial
Sea Ceptor is a latest generation naval air defence system that protects naval vessels and consorts from modern air and surface threats, such as supersonic anti-ship missiles and unmanned surface vessels.
11 février 2019 | International, Naval, C4ISR
SYRACUSE, N.Y., Feb. 11, 2019 – Lockheed Martin (NYSE: LMT) continues to support the U.S. Navy's aircraft carriers, cruisers, destroyers and warships with advanced electronic warfare capabilities. The Navy awarded Lockheed Martin a $184 million firm-fixed-price modification to exercise options for full rate production of Surface Electronic Warfare Improvement Program (SEWIP) Block 2 systems. “We are honored to continue to provide this critical fleet defense capability that our warfighters rely on while they perform their mission worldwide,” said Joe Ottaviano, Integrated Electronic Warfare program director, Rotary and Mission Systems. “Threats are changing and evolving faster with advanced technologies and the SEWIP system will give the U.S. Navy the advantage of remaining one step ahead of our adversaries.” SEWIP is an evolutionary acquisition and incremental development program to upgrade the existing AN/SLQ-32(V) electronic warfare system. SEWIP Block 2 will expand upon the receiver/antenna group necessary to keep capabilities current with the pace of the threat and to yield improved system integration. Under this full-rate production contract, Lockheed Martin will continue providing and upgrading the AN/SLQ-32 systems on U.S. aircraft carriers, cruisers, destroyers and other warships with key capabilities that determine if the electronic sensors of potential foes are tracking the ship. The U.S. Navy awarded the company an initial $148.9 million contract for full rate production of SEWIP Block 2 systems in 2016 with four additional option years to upgrade the fleet's electronic warfare capabilities so warfighters can respond to evolving threats. Lockheed Martin has provided the U.S. Navy with SEWIP Block 2 development, production and engineering services since 2009 and has been delivering and supporting the installation of SEWIP Block 2 systems as the Navy upgrades electronic warfare defenses against anti-ship missile threats fleet wide. Additionally, AN/SLQ-32(V)6 Design Agent Engineering Services are being performed at the Electronic Warfare Center of Excellence in the Syracuse, New York, facility. For additional information, visit www.lockheedmartin.com/ew. https://news.lockheedmartin.com/2019-02-11-Lockheed-Martin-Awarded-184-Million-to-Continue-Providing-the