PAE sees early payoff for A-T deal with new contract award
One of the keys to a successful acquisition is that the company you buy continues to win contracts.
PAE, which recently acquired A-T Solutions, saw a bit of a payoff from that deal when the company won a $28.7 million contract to support the Joint Improvised Threat Defeat Agency’s Joint Center of Excellence.
The company won a task order for counter improvised explosive device analysis and rotational support. PAE will support the asymmetric integration training program and the U.S. Army Mission Command training program.
That kind of work is what was at the core of A-T Solutions’ business and the win represents PAE's move into a market area where it wasn’t working before.
Part of the work calls for reviewing and analyzing intelligence data to improve training.
The business was won by PAE’s National Security Solutions business unit which was created through the acquisitions of A-T and the professional services business of U.S. Investigation Services. That business is now run by former A-T CEO Dennis Kelly.
“This task order represents a significant milestone for PAE, as the first counter-threat contract awarded since our acquisition of A- T Solutions and as an example of PAE’s expanding capabilities in the security sector,” said PAE CEO John Heller.
Posted by Nick Wakeman on Jul 21, 2015 at 12:54 PM