PAE Teams with Alion to Support Navy Training Initiative on $896M Seaport-NxG Task Order
August 24 2020 - 6:30AM
PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart
solutions to the U.S. government and its allies, has entered into a
teaming agreement with Alion Science and Technology (prime
contractor) on a task order supporting the U.S. Navy’s Integrated
Training Environment initiative, which modernizes training for
combat readiness. The total value of the Alion task order is $896
million if all options are exercised.
The primary purpose of the initiative is to provide an
integrated program that will enable a continuous, multi-domain,
live, virtual and constructive training platform across multiple
physical locations throughout the Navy training enterprise. The
award to Alion will integrate two training ranges, including the
Southern California Off-Shore Range, into NITE. That training
environment connects participants throughout the U.S. and in
partner countries to live and virtual instruction. The task order
includes a base year that may be extended through four one-year
options.
“The expertise PAE has developed supporting SCORE training
missions over more than three decades makes us a strong, strategic
partner with Alion in support of NITE,” said PAE President and CEO
John Heller. “The Navy understands our capability to adapt to their
needs, including the evolution of this innovative training
program.”
The agreement with Alion will extend PAE’s continuous 35-year
history supporting SCORE, a multi-warfare training range for the
Navy, as well as the U.S. Marine Corps, Air Force, Department of
Homeland Security, foreign allies, local law enforcement,
cybersecurity and network operations personnel. In addition to
maintaining ongoing support for SCORE, as part of the Alion team,
PAE will increase its scope and value by bringing in additional
sites throughout the Navy tactical training continuum into the new
instruction environment.
About PAEFor 65 years, PAE has tackled the
world’s toughest challenges to deliver agile and steadfast
solutions to the U.S. government and its allies. With a global
workforce of about 20,000 on all seven continents and in
approximately 60 countries, PAE delivers a broad range of
operational support services to meet the critical needs of our
clients. Our headquarters is in Falls Church, Virginia. Find us
online at pae.com, on Facebook, Twitter and LinkedIn.
Forward-Looking StatementsThis 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, but are not limited to,
statements about PAE’s possible or assumed future results of
operations, financial results, backlog, estimation of resources for
contracts, strategy for and management of growth, needs for
additional capital, risks related to U.S. government contracting
and teaming agreements generally, including congressional approval
of appropriations and bid protests. These forward-looking
statements are based on PAE’s management’s current expectations,
estimates, projections and beliefs, as well as a number of
assumptions concerning 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 outside PAE’s management’s control, that
could cause actual results to differ materially from the results
discussed in the forward-looking statements.
Forward-looking statements included in this release speak only
as of the date of this release. PAE does not undertake any
obligation to update its forward-looking statements to reflect
events or circumstances after the date of this release except as
may be required by the federal securities laws.
For media inquiries regarding PAE, contact:
Terrence NowlinSenior Communications
ManagerPAE703-656-7423terrence.nowlin@pae.com
For investor inquiries regarding PAE,
contact:
Mark ZindlerVice President, Investor
RelationsPAE703-717-6017mark.zindler@pae.com
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