PAE Achieves Certification for Aerospace Industry Standards

Rhea-AI Summary

PAE (NASDAQ: PAE, PAEWW) has received the AS9100D certification, a significant achievement recognizing its commitment to quality in aviation, space, and defense sectors. Interim President Charlie Peiffer emphasized this certification reflects PAE’s leadership in aerospace innovation and enhances its competitiveness for complex contracts. The certification was awarded following a thorough audit by the British Standards Institution, confirming PAE's adherence to quality management standards. This milestone positions PAE to better meet customer needs and expand its operational capabilities.

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• Achieved AS9100D certification enhancing competitiveness in aerospace sector.
• Strengthens ability to secure complex contracts in aviation and defense.

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• None.

FALLS CHURCH, Va., Jan. 31, 2022 (GLOBE NEWSWIRE) -- PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart solutions to the U.S. government and its allies, announced today it has achieved the AS9100D standard established by the International Aerospace Quality Group. This standard recognizes organizations that deliver products and services within aviation, space and defense fields by setting quality management system requirements.

PAE Interim President and CEO Charlie Peiffer said the most recent certification puts PAE at the forefront of aerospace and aviation innovation.

“The beginning of 2022 kicked off with PAE’s impressive AS9100D certification showing our continued dedication to leading the industry in aerospace and aviation,” Peiffer said. “Our performance excellence team has continued to make dynamic decisions to anticipate our customers’ comprehensive needs by accomplishing this certification within six months.”

PAE Director of Performance Excellence for GMS John Bennett and Vice President of Readiness and Sustainment Cristal Rice led the efforts to achieve the AS9100D certification.

“Achieving the AS9100D certification takes PAE’s aviation capabilities to the next level,” Bennett said. “This certification positions PAE to be more flexible in the aerospace sector and compete for more complex contracts.”

The British Standards Institution awarded PAE the certification after an extensive audit that found PAE conformed to the certification standards. The AS9100D certification can be achieved by all levels of the supply chain by organizations around the world to improve quality, cost and delivery performance.

About PAE
For more than 66 years, PAE has tackled the world’s toughest challenges to deliver agile and steadfast solutions to the U.S. government and its allies. With a global workforce of about 20,000 on all seven continents and in approximately 60 countries, PAE delivers a broad range of operational support services to meet the critical needs of our clients. Our headquarters is in Falls Church, Virginia. Find us online at pae.com, on Facebook, Twitter and LinkedIn.

Forward-Looking Statements
This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about PAE’s possible or assumed future results of operations, financial results, backlog, audits and certifications, estimation of resources for contracts, strategy for and management of growth, needs for additional capital, and risks related to U.S. government contracting. These forward-looking statements are based on PAE’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside PAE’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Forward-looking statements included in this release speak only as of the date of this release. PAE does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws.

For media inquiries regarding PAE, contact:

Celso Puente
Vice President of Marketing and Communications
PAE
571-455-0917
celso.puente@pae.com

For investor inquiries regarding PAE, contact:

Mark Zindler
Vice President, Investor Relations
PAE
703-717-6017
mark.zindler@pae.com

FAQ

What is the AS9100D certification achieved by PAE?

The AS9100D certification is a quality management standard specific to the aviation, space, and defense industry, recognizing organizations that meet stringent quality requirements.

How does AS9100D certification benefit PAE's operations?

The certification enhances PAE's operational capabilities, making it more flexible and competitive for complex contracts in the aerospace sector.

When was PAE awarded the AS9100D certification?

PAE announced the achievement of the AS9100D certification on January 31, 2022.

Who led PAE's efforts to achieve AS9100D certification?

The efforts were led by John Bennett, Director of Performance Excellence for GMS, and Cristal Rice, Vice President of Readiness and Sustainment.

What does the AS9100D certification mean for PAE's future projects?

The certification positions PAE to compete for more complex contracts, enhancing its capabilities in the aerospace and defense sectors.