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PAE (NASDAQ:PAE, PAEWW))))), a global leader in delivering smart solutions to the U.S. government and its allies, has been awarded a contract supporting the U.S. Postal Service at the Mail Transport Equipment Service Center in Los Angeles. The contract is valued at $63.5 million if all options are exercised.
PAE Interim President and CEO Charlie Peiffer said the Los Angeles award builds on the team's history of delivering business process outsourcing expertise at USPS MTESC facilities across the country since 1998.
"Keeping with our strategy of expanding the reach of our existing capabilities, PAE will deliver proven innovations and continuous improvement practices for the U.S. Postal Service at its Los Angeles MTESC," Peiffer said. "Our support of MTESC operations around the country position us to successfully provide key management and customer service solutions for critical USPS functions."
The three-year base contract may be extended to seven years through two options and includes the processing and management of mail transport equipment used to enclose and transport mail. MTESCs throughout the United States manage and ship transport equipment to USPS and USPS customer facilities.
Posted In: PAE
