Sign In
Search
Business/Financial

PAE Says Deal With Amentum Still On After It Can’t Find Another Buyer

Cal Biesecker By
SHARE:
PAE Says Deal With Amentum Still On After It Can’t Find Another Buyer
PAE provides base operations support for the U.S. Navy in Guam. Photo: PAE

PAE Inc. [PAE] on Wednesday said that its acquisition by Amentum is still expected to close early next year after it couldn’t find another buyer. Terms of the deal extended a limited “go-shop” period to PAE to find another potential buyer. The go-shop period expired on Nov. 29 with no alternative acquisition proposal from a third party, PAE said. That means the deal to be acquired by Amentum for $1.9 billion remains on track to close in the first quarter…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Pentagon Loaning $500 Million To Rare Earth Element Processing Company For Expansion

Business/Financial

Kongsberg Completes Acquisition Of Zone 5 Technologies

Business/Financial

Energy Fuels Gets DoD Investment To Expand Into Expand Rare Earth Supply Chains

Business/Financial

CSIS Releases Report On Rocket Motor Industrial Base Challenges And Opportunities

Trending

MDA Space to Acquire Blue Canyon from Raytheon to Reach US Defense Market
Defense Watch: Abrams Update, SSN-788 Ready, UAS and C-UAS News, FMS Deals
Air Force Examining Long-Term Buy Of 130 New Weapons Pylons For B-52Hs
General Atomics And Anduril Continue Into CCA EMD; Shield AI, Collins, And Anduril Picked For Mission Autonomy
Austria In Line For Potential $1.5 Billion Black Hawk Buy

Congress Updates

Congress

Six F-35Bs Delivered Without Radars Thus Far, Program Director Says

The U.S. Marine Corps thus far has received six F-35B fighters without radars, as the service waits on Northrop Grumman‘s [NOC] delivery of the AN/APG-85 radar, which is to replace […]

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

Navy/USMC

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume