PAE, a leading provider of enduring support for essential global missions, has been awarded the Counter Improvised Explosive Device (C-IED) Analysis & Rotational Support (CAR) task order from the General Services Administration’s Federal Systems Integration and Management Center (FEDSIM) to support the Joint Improvised-Threat Defeat Agency (JIDA) Joint Center of Excellence (JCOE). The value of the contract is $28.7M, with a period of performance of three years; one base year and two, one-year option periods.

“This task order represents a significant milestone for PAE, as the first counter-threat contract awarded since our acquisition of A- T Solutions and as an example of PAE’s expanding capabilities in the security sector,” added CEO John Heller. “We are honored to serve as a partner to this vital mission.”

Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction.

“Sikorsky is a natural fit for Lockheed Martin and complements our broad portfolio of world-class aerospace and defense products and technologies,” said Marillyn Hewson, Lockheed Martin chairman, president and CEO. “I’m confident this acquisition will help us extend our core business into the growing areas of helicopter production and sustainment. Together, we’ll offer a strong portfolio of helicopter solutions to our global customers and accelerate the pace of innovation and new technology development.”