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

Fewer Portfolio Adjustments Ahead For L3Harris As Mehta Focuses On ‘Business We Have’

Business/Financial

Oshkosh Defense To Manufacture Grid Aero’s Autonomous Cargo Drone In New Partnership

Business/Financial

DoD Taking Equity Stake In Drone Manufacturer Neros With Planned $450 Million Loan

Business/Financial

ONDAS To Acquire German Aircraft Manufacturer; Plans Production Expansion

Trending

Northrop Grumman Declines To Protest F/A-XX
Bridenstine: First Quantum Space Delivery ‘Will Be Well Ahead’ Of 2031 First Task Order Due Date Under Andromeda
Defense Watch: Marauder, CVN-65, Leidos OTAs, Joby USAF Contract, S-92 to Korea
Executive Branch Decisions on Ukraine Loom, Including New Starshield Contract and F-16 Upgrades
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Congress Updates

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid.  Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume