Amentum to acquire PAE

by Marc Selinger

Amentum plans to bolster its intelligence and technology portfolio by acquiring fellow US government services provider PAE for USD1.9 billion in cash, the two companies announced on 25 October.

The combined business will have more than USD9 billion in annual revenue, making it one of the largest providers of services to US and allied governments, Amentum said. It will have “capabilities spanning synthetic training, sensor-based technologies, intelligence, cyber and IT, spectrum and electronic warfare, space operations, environmental solutions, asset management, and mission support”, Amentum said.

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Amentum plans to bolster its intelligence and technology portfolio by acquiring fellow US government...

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