By ET Bureau - May 07, 2021 4 Mins Read
Peraton today announced it has successfully completed its previously announced acquisition of Perspecta Inc., establishing the company as the world’s leading mission capability integrator and transformative enterprise IT provider.
The new Peraton has annual revenues of approximately $7 billion, a current backlog of approximately $24.4 billion, and a three-year qualified pipeline of $200 billion. The company employs 22,000 employees; 7,500 have a top-secret SCI clearance.
This announcement follows Peraton’s February acquisition of Northrop Grumman’s integrated mission support and IT solutions business. The new Peraton unites the three heritage companies to create a top-tier, next-generation national security provider that is positioned to serve as a valued partner to essential government agencies across the intelligence, space, cyber, defense, civilian, health, state and local markets.
“The new Peraton represents a truly transformative change for the industry, our customers, and each one of our employees,” said Stu Shea, Chairman, President and CEO. “We have the right team, the right technology and the right scale to deliver against the biggest challenges facing government. Our highly skilled and diverse team provides secure, repeatable and differentiated solutions aligned to our customers’ goals. We will fuse mission-enabling services with market-leading enterprise offerings and solutions to identify the best use of new technology and help customers achieve positive business outcomes.”
“Recent world events have underscored the fact that our national security has never been so interconnected,” said Shea. “It is dependent on our ability to effectively deter our adversaries, deliver robust citizen services, protect our financial system and rapidly respond to unconventional threats to our very way of life. Peraton operates at this critical nexus, supporting a wide range of government missions of consequence where failure could result in lost lives, disrupted systems, or violations of the public’s trust and confidence.”
Peraton has aligned the new company around nine business organizations:
Peraton’s increased depth of capabilities and resources resulting from the Perspecta acquisition enables the company to bring more value to its customers while being more resilient against marketplace changes.
The successful completion of the Perspecta acquisition also creates new career opportunities for people who can master complex environments, anticipate change and deliver solutions.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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