FALLS CHURCH, Va., Feb. 11, 2020 – PAE Incorporated (NASDAQ: PAE, PAEWW) Bolstering a corporate focus on strategic growth, PAE announces the appointment of Adam Harrison as vice president of Strategy and Corporate Development. Harrison brings a breadth of organic and inorganic growth expertise to the PAE leadership team and will support current and new strategies for PAE’s continued expansion, including acquisitions growth.
Harrison has more than a decade of experience in corporate strategy, market research and mergers and acquisitions for the government services industry. His expertise spans the industry marketplace, from information technology, cyber and health to infrastructure management, logistics, training, C4ISR, aviation and systems engineering.
“Adam’s background assisting companies to identify and develop strategies for expansion into new value-added markets complements PAE’s growth strategy,” said PAE CEO John Heller. “His wide-ranging knowledge of diverse government solutions will be key to identifying and planning growth in new, adjacent markets. We’re excited for the potential Adam brings to our team.”
Harrison most recently served as a principal at Renaissance Strategic Advisors, directing teams on more than 100 strategic engagements for aerospace, defense and government services clients. There he managed due diligence assignments across a diverse set of government services M&A transactions up to $10 billion dollars in value.
Harrison said the quality of PAE’s leadership, longstanding customer relationships and diverse portfolio attracted him to the company.
"PAE is a proven growth engine,” Harrison said. “I'm excited for the opportunity to help accelerate the strategy starting in this pivotal year for the company.”
For more information, visit pae.com.
For more than 60 years, PAE has tackled the world’s toughest challenges to deliver agile and steadfast solutions to the U.S. government and its allies. With a global workforce of more than 20,000 on all seven continents and in approximately 60 countries, PAE delivers a broad range of operational support services to meet the critical needs of our clients. Our headquarters is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn.
This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about PAE’s possible or assumed future results of operations, financial results, backlog, estimation of resources for contracts, risks related to IDIQ contracts, strategy for and management of growth, needs for additional capital, risks related to U.S. government contracting generally, including congressional approval of appropriations, and bid protests. These forward-looking statements are based on PAE’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events.
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside PAE’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.
Forward-looking statements included in this release speak only as of the date of this release. PAE does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws.
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