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PAE sees growth through acquisitions as it navigates the drawdown in Afghanistan -- Washington Technology
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PAE prepares for hit from Afghanistan wind-down, looks to future civilian spending increases
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The two companies have made four deals in five months
By Ross Wilkers
May 06, 2021
Two publicly-traded government contractors are either digesting or getting ready to digest the second in pair of acquisitions they made to expand into new markets or grow footprints among current customers.
Here is how Maximus and PAE updated the investment community on their integrations, and some other important items, in quarterly earnings calls Thursday morning.
Maximus
The acquisition of VES should close by the end of June, which coincides with the completion of Maximus’ third fiscal quarter. But the VES business has more than plenty on its to-do list after that happens and work to identify revenue synergy opportunities will be a longer process.