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PAE (NASDAQ: PAE, PAEWW) has been awarded a $50 million contract by the Navajo Nation to provide logistics and medical integration for their COVID-19 response. The company will implement turnkey solutions, including operating Alternate Care Sites and deploying mobile testing teams. PAE's Expeditionary Support and Stabilization Team aims to manage the COVID-19 spread through comprehensive facility services and medical staffing at various locations in the Navajo territory. This decision reflects PAE's recognized expertise in delivering effective health solutions during the pandemic.
PAE (NASDAQ: PAE, PAEWW) has been awarded a contract by the Southeastern Conference (SEC) to provide COVID-19 testing services across its 14 university campuses for the fall sports season. Partnering with Premier Medical Group, PAE will deploy test teams for safe sports execution until December 2020, with potential extensions for playoffs. PAE’s experience in managing infectious disease outbreaks, notably in Liberia, positions it well for this role. CEO John Heller emphasized the company's readiness to support SEC athletes and staff with critical testing services.
PAE will participate in the Morgan Stanley Virtual 8th Annual Laguna Conference on September 17, 2020, featuring President and CEO John Heller and CFO Charlie Peiffer in a Q&A session at 3:00 p.m. ET. Interested investors can access the webcast via the PAE Investor Relations website, where an archive will be available for 30 days post-event.
PAE has served the U.S. government for 65 years, providing diverse operational support with around 20,000 employees globally.
PAE and Parsons Corporation's joint venture, DZSP 21 LLC, secured a facility support services contract from the Naval Facilities Engineering Command in Guam worth up to $545.3 million. This contract includes a base period of 12 months and options extending until April 2028. DZSP 21 has been providing services at Joint Region Marianas since 2005, ensuring operational efficiency for military personnel. The contract covers management of military facilities, utilities, and port operations, underscoring PAE's commitment to supporting U.S. military operations.
PAE (NASDAQ: PAE, PAEWW) has entered a teaming agreement with Alion Science and Technology for a task order worth up to $896 million, supporting the U.S. Navy's Integrated Training Environment initiative. This program aims to enhance combat readiness through a multi-domain training platform across various locations. The agreement continues PAE's 35-year commitment to Navy training missions and allows for an expansion of their support across additional sites. The contract includes a base year with options for extension over four additional years.