PAE Secures $98M Logistics Support Contract
- PAE Inc (NASDAQ: PAE) has secured a $98 million sole-source IDIQ contract from the Naval Air Warfare Center Aircraft Division.
- PAE will provide the U.S. Navy contractor logistics support for F-5 fighter aircraft on the 18-month contract.
- PAE's Readiness and Sustainment team will perform all maintenance and logistics support services through January 2023.
- Price Action: PAE shares are trading lower by 1.19% at $5.80 on the last check Wednesday.
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