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PAE PAE Incorporated

10.05
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
PAE Incorporated NASDAQ:PAE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.05 6.00 10.06 0 01:00:00

CENTRA Senior Technical Advisor Awarded American Institute of Aeronautics and Astronautics Wright Brothers Lecture in Aeronautics Award

12/10/2021 1:30pm

GlobeNewswire Inc.


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The American Institute of Aeronautics and Astronautics has awarded CENTRA Senior Technical Advisor Walter Rutledge, Ph.D., the Wright Brothers Lecture in Aeronautics Award. The recognition gave Rutledge an opportunity to present his lecture, “Hypersonics for National Security: Conventional Prompt Strike,” to aerospace peers at a classified AIAA forum in September.

“I’m very humbled by this award,” Rutledge said. “My colleagues were very nice to put my name in for this and I feel like I’m a spokesperson for the national effort. I was just in a leadership position at the right time to make that happen. This was very much a team effort.”

PAE Interim President and CEO Charlie Peiffer said the award highlights the unique technical capabilities of one of its most recent acquisitions, CENTRA Technology.

“I congratulate Walt for this prestigious award that recognizes his many contributions to the study of boost-glide,” Peiffer said. “Because of his research and its defense applications, our world is safer and more secure.”

Rutledge is an expert in hypersonics, which focuses on the flight of aerospace vehicles at speeds at or greater than Mach 5. More than two decades ago, he and his colleagues at Sandia National Laboratories began researching boost-glide flight, then a relatively new area of hypersonics research.

“Through flight test demonstrations, we were able to prove that the concept of boost-glide was feasible and something that would be very valuable to the warfighter,” Rutledge said.

With more than 40 years working in aerospace technology, Rutledge served as the program manager for early boost-glide concept studies, conducted by Sandia for the U.S. Department of Defense. This research included modeling, simulation, ground tests, experiments and flight testing, laying the groundwork for the Pentagon to begin investing in hypersonic boost-glide weapon systems.

About PAEFor more than 66 years, PAE has tackled the world’s toughest challenges to deliver agile and steadfast solutions to the U.S. government and host government partners. 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, estimation of resources for contracts, expansion plans and opportunities, our ability to achieve anticipated results and synergies relating thereto. 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:Terrence NowlinSenior Communications ManagerPAE703-656-7423terrence.nowlin@pae.com 

For investor inquiries regarding PAE, contact:Mark ZindlerVice President, Investor RelationsPAE703-717-6017mark.zindler@pae.com 

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