Technical assistance

PAE Secures $ 800 Million Global Architect Seat


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FALLS CHURCH, Va., Aug 03, 2021 (GLOBE NEWSWIRE) – PAE (NASDAQ: PAE, PAEWW), a global leader combining technology and advanced business practices, providing innovative solutions to the US government and its partners in the host country, has been won a seat on the US Agency for International Development’s seven-year, $ 800 million Global Architect-Engineer Services III indefinite delivery contract to support the infrastructure activities of the Office for Development , democracy and agency innovation.

PAE is one of seven large contractors who secured a seat on the contract vehicle which also includes six small contractors. PAE will compete for task orders to provide services including infrastructure planning, engineering design, construction supervision and related support on projects around the world.

PAE Interim President and CEO Charlie Peiffer said the company’s demonstrated expertise in delivering services in support of global infrastructure initiatives makes his team a valuable contract partner.

“The EAP stands ready to advance the strategic goals of USAID’s mission by providing technical expertise and design and construction services to host countries,” said Peiffer. “We believe our innovative solutions will effectively support the agency’s most critical infrastructure needs. “

Upcoming assignment orders should cover a wide range of infrastructure services in the technical areas of water and sanitation, environment, transport, energy, telecommunications and vertical structures and of outdoor public space.

About the USAID Office for Development, Democracy and Innovation
The Office for Development, Democracy and Innovation is USAID’s central resource for providing world-class technical assistance to its missions. DDI’s global and cross-cutting perspective aims to enable the agency to anticipate and respond to evolving trends and issues, catalyze innovation and funding, and broaden our base of partnerships, all with the goal of sustainably achieve USAID’s development and humanitarian goals.

About PAE

For more than 65 years, PAE has taken on the world’s toughest challenges to deliver agile and consistent solutions to the U.S. government and host government partners. With a global workforce of approximately 20,000 people on seven continents and in approximately 60 countries, PAE offers a wide range of operational support services to meet the critical needs of our customers. Our head office is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn.

Forward-looking statements

This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding possible or suspected future operating results. of EAP, financial results, backlog, resource estimate for contracts, risks associated with IDIQ contracts, growth strategy and management, additional capital requirements, risks associated with US government contracts in general, including approval credits by Congress; and risks associated with overseas operations. These forward-looking statements are based on the current expectations, estimates, projections and beliefs of the management of PAE, as well as a number of assumptions regarding future events.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company. direction of PAE, which could cause actual results to differ. materially from the results discussed in the forward-looking statements.

The forward-looking statements included in this press release speak only as of the date of this press release. PAE makes no commitment to update its forward-looking statements to reflect events or circumstances after the date of this release, except as required by federal securities laws.

For media inquiries regarding the EAP, contact:

Terrence Nowlin
Senior Communications Officer
EAP
703-656-7423
[email protected]

For investor inquiries regarding PAE, contact:

Mark Zindler
Vice-President, Investor Relations
EAP
703-717-6017
[email protected]

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