PAE Secures $98M Logistics Support Contract

PAE Inc 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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