PAE's Bravour Secures €95M Contract From NATO For Vehicle Services In Europe

PAE Inc PAE subsidiary Bravour Leistungen GmbH based in Germany, has secured a €95 million (~$107.4 million) single-award, IDIQ contract from the North Atlantic Treaty Organization Support and Procurement Agency.
The three-year award has two option years extension. Under this contract, Bravour will provide services for U.S. military vehicles at facilities throughout Europe.
In addition to vehicle services supporting NATO efforts, Bravour delivers solutions for various NSPA initiatives across Europe.
Price Action: PAE shares traded lower by 0.40% at $9.89 on the last check Thursday.

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