African Peacekeeping Efforts to be Supported by PAE
ARLINGTON, Va., Sept. 29, 2009 – PAE, a wholly-owned subsidiary of Lockheed Martin Corporation [NYSE: LMT], has been selected to compete for future task orders under the Department of State Africa Peacekeeping Program (AFRICAP). PAE is one of four awardees for this five-year, indefinite-delivery, indefinite-quantity contract. The maximum ceiling for each awardee is $375 million (inclusive of all costs and fee) over the life of the contract.
Under the AFRICAP contract, PAE and three other companies will have the opportunity to win task orders to provide training and advisory services, equipment procurement, logistical support services and construction services to African countries. As a leading provider of services to the Department of State and with successful experience performing on the previous AFRICAP contract, PAE has valuable domain knowledge to contribute and will leverage its unique insight into the complexity of this environment.
“AFRICAP plays an essential role in the peacekeeping operations for the African continent,” said PAE President Mike Dignam. “We’re proud to provide services that bring peace and stability to conflicted regions, and we’re excited to partner with the Department of State again on this vital program.”
PAE, a wholly-owned subsidiary of Lockheed Martin, is a global company specializing in expeditionary construction, logistics, operations and maintenance, and training.Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.