PAE completed the acquisition of CENTRA Technology for c. $208m.

PAE, a global company in delivering smart solutions to the US government and its allies, completed the acquisition of CENTRA Technology, an independent provider of high-end intelligence support, information analytics, engineering services and other advanced technology solutions, for c. $208m. “The acquisition of CENTRA expands PAE’s addressable market into new, attractive mission-critical business areas, opening up important higher growth and margin market areas for the worldwide PAE enterprise. The combination of PAE’s and CENTRA’s capabilities and experience will position PAE to bid a significantly expanded pipeline of opportunities that were previously not actionable to PAE prior to the acquisition. In addition, through the combination with CENTRA, PAE adds uniquely qualified employees to our global workforce with subject matter expertise across a broad range of critical national security issues,” John Heller, PAE President and CEO.