The 607 Materiel Maintenance Squadron Pacific Air Forces has awarded PAE Korea Limited, a legacy PAE JV company, a $45 million, five-year, firm fixed price plus requirement contract. The five-year award may be extended by six months in 2027.
Under this contract, PAE Korea will provide all management, tools, supplies, equipment and labor to maintain War Reserve Materiel, Peacetime Operating Stock and In-Use Assets at various air bases.
Representative Director and General Manager Chang Wook (CW) Jung said the award signifies the importance of work in the Republic of Korea.
“PAE Korea Limited will be providing 90% in-commission rate of all WRM assets contingent on funds availability,” Jung said. “Our strong working relationship with customers and outstanding performance is what will be expected on this contract, and we will be up to their standards.”
PAE Korea will track the status of all assets through various information systems and notify the Quality Assurance Personnel anytime the rate falls below 90 percent. A monthly submitted report should include authorizations, assigned excess, shortages and mission capable rates.
The work will take place at four Collocated Operating Bases and two Main Operating Bases across the Republic of Korea.