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Perspecta Awarded $155 Million Technical Support Contract from the Department of Veterans Affairs

Chantilly, Va.— March 27, 2019—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it was awarded a prime contract from the U.S. Department of Veterans Affairs (VA) to continue providing maintenance and support for the Veterans Health Information Systems and Technology Architecture (VistA), the agency’s electronic health records (EHR) system. The follow-on contract has a one-year base and four, one-year options with a potential ceiling value of $155 million, if all options are exercised.

On the contract, Perspecta will provide a full range of technical, managerial and administrative services to the VA, in support of both the primary VistA and VistA Imaging systems. Services will include engineering support and engineering changes, updates, repairs and other technical services. Additionally, Perspecta will execute an expertise center that will be used to diagnose and troubleshoot complex issues by providing various maintenance and support services including: a call center help desk, infrastructure and technical performance management, systems performance monitoring, and hardware and software troubleshooting.

“Maintaining and supporting one of the most complex EHR systems in the world requires a broad range of capabilities and smart answers to multifaceted challenges,” said Mac Curtis, president and chief executive, Perspecta Inc. “We are proud of the successes we’ve had, and are excited to continue bringing our extensive experience and evolving innovation to our VA customer.”

VistA is a robust and sophisticated EHR system, designed and developed to support the expansive medical system supporting U.S. military veterans. VistA is an integrated database consisting of 180 applications for clinical, financial and administrative functions of more than 143 facilities across the United States, Puerto Rico and the Philippines. As a long term infrastructure partner to the VA, Perspecta has been maintaining and supporting the VistA system for more than 20 years.  

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 may contain 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.

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Perspecta Wins New $71 Million Contract to Deploy Enterprise Logging System for the United States Air Force

Chantilly, Va.—March 12, 2019—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it has been awarded the Enterprise Logging Phase 2 (EL2) contract with the United States Air Force (USAF). The single award contract, awarded under USAF Network-Centric Solutions-2 (NETCENTS-2) NetOps, represents new work for the company and has a one-year base and four, one-year options, with a maximum ceiling value of $71 million.