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PAE Incorporated
PAE Inc. was a major US government services contractor, acquired by Amentum in February 2024.
PAE Incorporated
PAE Incorporated was founded in 1955, starting with operations and maintenance support for the US military's Pacific test ranges. The company grew through decades of federal contracting into a major provider of mission support, infrastructure management, and logistics services for the Departments of Defense, State, and Energy, as well as intelligence community clients. PAE's core work spans logistics, facilities management, aviation support, and national security missions. The firm operates across dozens of countries, with a heavy footprint in the Middle East, Africa, and East Asia, where it has supported US embassies, military bases, and stabilization operations. In March 2021, Platinum Equity acquired the business for approximately $1.05 billion (per Reuters, 2021). February 2024 marked the close of Amentum's acquisition of PAE from Platinum Equity, combining two government-services heavyweights. The merged entity operates under the Amentum name, creating a contractor with over 53,000 employees and an estimated $13 billion in combined annual revenue (per Amentum press release, February 2024). PAE's structural differentiator was always its blend of operational density in contested environments and its deep integration into the US government's physical footprint abroad. Under Amentum, that posture scales further, pairing PAE's mission-support depth with Amentum's engineering and nuclear-environment capabilities.
General information
Firm type
Asset Manager
Year founded
1955
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Falls Church
Corporate office
Falls Church, VA, United States
Sector focus
Frequently asked questions
Who acquired PAE Incorporated?
PAE was acquired by private equity firm Platinum Equity in 2021 for approximately $1.05 billion. In February 2024, Platinum Equity sold PAE to Amentum, a government-services contractor backed by American Securities and Lindsay Goldberg. The combined entity operates under the Amentum name.
What does PAE do operationally?
PAE provided logistics, facilities management, aviation support, and national security mission support to US government agencies. Its largest clients included the Departments of Defense, State, and Energy, as well as elements of the intelligence community. The work concentrated heavily on diplomatic security, base operations, and stabilization efforts in conflict and post-conflict zones.
What is the scale of the combined Amentum-PAE entity?
At the close of Amentum's acquisition of PAE in February 2024, the combined firm reported over 53,000 employees and approximately $13 billion in annual revenue. This makes Amentum one of the largest pure-play government services companies in the United States, competing directly with Leidos, Booz Allen Hamilton, and Peraton.
Was PAE a family office?
No. PAE Incorporated was never structured as a family office. It was a corporation that traded publicly from 1968 until Platinum Equity took it private in 2021. Its ownership has been institutional, first as a public company and later under private equity sponsorship.
Where did PAE operate geographically?
PAE operated across dozens of countries, with a concentrated physical presence in the Middle East, Africa, and East Asia. Much of its work supported US embassies and military installations, including facility operations at forward-deployed sites and logistics support for multinational stabilization missions.
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