PAE Acquires USIS Security Unit
Source: Washington Post.
Arlington services contractor PAE has acquired the Global Security and Solutions business unit of Falls Church-based US Investigations Services, the company announced Friday. Terms of the deal weren’t disclosed.
The purchase is meant to strengthen PAE’s existing work with the Department of Homeland Security, as well as give it access to other agencies such as the Justice Department, the company said. The move is one of the first significant deals in Washington’s professional services sector this year, continuing a trend from 2014. Services contractors are competing to stand out in a crowded market with reduced federal spending.
For more information, please click here.