Lockheed completes sale of PAE

Lockheed Martin announced this week that it has completed the sale of Pacific Architects & Engineers (PAE) to private equity firm Lindsay Goldberg LLC. Unfortunately for this and other interested observers, no details of the transaction have been disclosed. Still no obvious sign or even the remotest scuttlebutt about how LG will run this investment. No star chamber additions to the LG team... no sign of defense expertise in the list of affiliated partners.

Mr. Lindsay, Mr. Goldberg: what will you do with PAE?