Peraton taps new chairman, president and CEO

Stu Shea, Peraton’s chairman, president and CEO, has stepped down, and Steve Schorer has been named to succeed him at the Reston-based federal contractor owned by Veritas Capital. According to Tuesday’s announcement, Schorer will start Sept. 9.

“On behalf of Peraton and Veritas, I’d like to thank Stu for his many years of service and leadership at the company and wish him well in his future endeavors,” said Ramzi Musallam, CEO and managing partner of Veritas Capital, Peraton’s parent company. Schorer was previously CEO of Alion Science and Technology, which Huntington Ingalls Industries purchased for $1.65 billion from Veritas in 2021, and he was president of DynCorp International previously.

Schorer also worked in high-level positions at L-3 Communications and DRS Technologies. Shea has been Peraton’s only chief executive since it was formed by Veritas Capital in 2017. In 2021, Peraton purchased Chantilly-based IT contractor Perspecta Inc. and Northrop Grumman’s federal IT and mission support services businesses in 2021 for a total of $10.5 billion. In 2023, Peraton moved its headquarters, which serves as a hub for 5,000 of the company’s 19,000 employees, from Herndon to Reston.

“We are excited to welcome Steve as CEO of Peraton,” Musallam said in a statement. “His extensive industry expertise and experience leading some of the world’s premier government technology services organizations make him the ideal person to drive Peraton’s next important phase of growth. We look forward to working closely alongside him as Peraton continues to deliver on its mission to solve the U.S. government’s most complex technology and information challenges.”

At the start of his career, Shea created some of the earliest computer mapping systems for the CIA, the Air Force and the National Security Agency, and he is a founder of the U.S. Geospatial Intelligence Foundation.