- Business
- PAE Incorporated, a leading global provider of mission-critical operational support and outsourced services to the U.S. government, allied governments, international organizations, and commercial clients, operates primarily through its Global Mission Services and National Security Solutions segments. Global Mission Services delivers lifecycle logistics, humanitarian and stability operations, infrastructure management including mission support, space development and operations, test and training ranges, and force readiness through maintenance and repair of military and civilian vehicle fleets and aircraft worldwide; National Security Solutions offers counter-threat solutions such as training support and counter-terrorism, information optimization via business process outsourcing for citizenship processing, litigation services and systems support, and intelligence solutions encompassing analysis, mission support, program management, engineering, and training. The company, founded in 1955 and formerly headquartered in Falls Church, Virginia, maintains a global presence across more than 70 countries on all seven continents, serving key customers including the Department of Defense, Department of State, NASA, and the Intelligence Community with approximately 20,000 employees focused on defense, diplomacy, intelligence, logistics, and capacity-building services. In February 2022, PAE was acquired by an affiliate of Amentum in an all-cash transaction valued at approximately $1.9 billion including debt assumption, delisting its common stock from Nasdaq and integrating its capabilities into Amentum's expanded portfolio of advanced engineering, technology solutions, synthetic training, sensor technologies, cyber and IT, space operations, and mission support, resulting in a combined entity with over $9 billion in annual revenue and roughly 50,000 employees. PAE's PAEWW warrants continue to trade over-the-counter as legacy securities post-acquisition.