UPDATED: Peraton completes $7.1B Perspecta acquisition
UPDATED MAY 7, 8:20 A.M. Herndon-based national security contractor Peraton Inc. completed its $7.1 billion, all-cash acquisition of Chantilly-based federal IT contractor Perspecta Inc. on Thursday, according to a news release from Peraton‘s parent company, New York-based private investment firm Veritas Capital. The combined companies will be known as Peraton and will be overseen by [&hellip[...]
Former counterintelligence official joins Peraton advisory board
The former director of the National Counterintelligence and Security Center, William “Bill” Evanina, has joined the advisory board of Peraton Inc., the Herndon-based national security contractor announced this week. Evanina led the counterintelligence center since June 2014, serving under presidents Barack Obama and Donald Trump. He also worked for more than 16 years with the […]
Peraton wins potential $360M Air Force contract
Herndon-based national security contractor Peraton Inc. has been awarded a potential $360.4 million contract to assess safety risks of the U.S. Air Force’s intercontinental ballistic missile software, an agreement that could extend 18 years. According to the U.S. Department of Defense announcement Thursday, the company will support nuclear safety analysis and evaluation in Utah and […[...]
Perspecta CEO Mac Curtis retiring; Peraton CEO Stu Shea taking reins
Mac Curtis, the president, chairman and CEO of Chantilly-based federal IT contractor Perspecta Inc., plans to retire this year and will be replaced by the head of Peraton Inc., the Herndon-based national security contractor that is acquiring Perspecta, according to documents filed with the U.S. Securities and Exchange Commission. In an undated letter to employees, […]
Perspecta wins $201.5M defense contract
The Defense Information Systems Agency awarded Chantilly-based federal contractor Perspecta Inc. a $201.5 million contract to provide content delivery services, the Department of Defense announced Tuesday. Under the contract, Perspecta will perform work at government data centers both in the United States and worldwide. The Defense Information Technology Contracting Organization received four of[...]
Peraton announces business sectors, leadership appointments
On the heels of major acquisitions, Herndon-based national security contractor Peraton is dividing the company into four business sectors and has made a slate of leadership appointments. A subsidiary of New York-based private equity firm Veritas Capital, Peraton announced in January it is acquiring Chantilly-based federal contractor Perspecta Inc. for $7.1 billion. And on Feb. […]
Peraton closes on $3.4B cash purchase of Northrop Grumman biz
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Monday the closure of the sale of its federal IT and mission support services business for $3.4 billion in cash to Herndon-based national security contractor Peraton, a Veritas Capital affiliate. According to the December 2020 announcement about the sale, proceeds are expected to […]
Peraton lands $950M Air Force contract
The U.S. Air Force awarded Herndon-based national security contractor Peraton a $950 million contract to provide services in support of the branch’s Advanced Battle Management System (ABMS), a component of the Department of Defense‘s Joint All Domain Command and Control (JADC2) effort, the company announced Monday. Under the contract, Peraton will provide services including open [&hell[...]