Vencore, a Perspecta Company Wins $96 Million U.S. Army Recompete Contract
Chantilly, Va.— August 13, 2018—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that Vencore, a Perspecta company, has been awarded a U.S Army Materiel Systems Analysis Activity (AMSAA) Sample Data Collection and Analysis (SDC&A) follow-on contract. The five-year contract has a value of $96 million and work will be performed at Aberdeen Proving Ground, Maryland and other key Army locations in the United States and abroad.
Under the contract, Vencore will continue to provide data collection and review services on selected models of U.S. Army aviation and ground combat systems, tactical wheeled vehicles and ground support equipment. Additionally, the company will assist AMSAA in performing health usage monitoring and operational sustainment analysis support functions. Vencore will continue to bring a mix of mission and platform knowledge, technology and innovation to enhance AMSAA's critical SDC&A mission.
The SDC&A program provides the Army with materiel analyses to detect systemic materiel issues and develop actionable recommendations to the Army's program managers, the Army Materiel Command and to operational forces. SDC&A work directly influences improvements to engineering design, reliability, maintainability, quality, safety and training, and plays a critical role in the Army's sustainment and readiness efforts.
“This win is a true testament of our credibility and success supporting AMSAA,” said Mac Curtis, president and CEO, Perspecta. “We are honored to continue to provide critical services in the areas of data collection, big data, Internet of Things, data analytics and predictive analysis in support of the Army’s focus on improving readiness.”
About Perspecta Inc.
At Perspecta (NYSE: PRSP), we question, we seek and we solve. Perspecta brings a diverse set of capabilities to our U.S. government customers in defense, intelligence, civilian, health care and state and local markets. Our 260+ issued, licensed and pending patents are more than just pieces of paper, they tell the story of our innovation. With offerings in mission services, digital transformation and enterprise operations, our team of 14,000 engineers, analysts, investigators and architects work tirelessly to not only execute the mission, but build and support the backbone that enables it. Perspecta was formed to take on big challenges. We are an engine for growth and success and we enable our customers to build a better nation. For more information about Perspecta, visit perspecta.com.
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This press release contains forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Perspecta and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Perspecta undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Perspecta believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.
Lorraine M. Corcoran
Vice President, Corporate Communications