One of PAE’s goals in becoming a publicly-traded company earlier this year has been to increase its financial capacity for acquisitions through paying down and refinancing debt and access to more capital.
PAE said today it has agreed to pay $208 million in cash for CENTRA Technology, which specializes in intelligence support, information analytics and engineering services.
CENTRA, based in Burlington, MA, has more than 760 employees, a majority of whom have top-secret clearances. The company counts among its customers intelligence agencies, the Defense Department and the Department of Homeland Security.
Click here to read Inside Defense's full article.
Falls Church contractor to buy Centra Technology Inc.
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday plans to acquire Burlington, Massachusetts-based Centra Technology Inc. for $208 million in cash.
Click here to read Virginia Business's full article.
PAE has been awarded a $50 million contract by the Navajo Nation to serve as the joint logistics and medical integrator for the Navajo Department of Health’s COVID-19 response, the company reported on Thursday. With the company’s selection, PAE will provide solutions to operate multiple Alternate Care Sites and deploy mobile testing teams.
When it comes to advertisement and sales, companies employ a wide variety of talent to fulfill their clients’ needs. The creative director, art director, copywriter and graphic designer all play critical roles – but the account executive is the star of the show. Today, their role has become a mix between sales and day-to-day account management, and they are responsible for keeping clients updated on new developments and growth roadmaps.