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Press release

Perspecta Awarded $162 Million Program to Modernize Classified Network for the United States Air Force

Chantilly, Va.— Aug. 14, 2019—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it was awarded the Secret Internet Protocol Router Network (SIPRNet) Enterprise Modernization program from the United States Air Force Enterprise Information Technology and Cyber Infrastructure Division of the Command, Control, Communications, Intelligence and Networks (C3I&N) Program Executive Office (PEO). The award, which represents new work for the company, has a five-year period of performance and a maximum ceiling value of $162 million if all contract line items are exercised.

The goal of the SIPRNet Enterprise Modernization program is to transform and standardize the network’s infrastructure to improve management operations and ensure security compliance. On the program, Perspecta will design, develop, deploy and integrate a new single infrastructure and active directory domain for the Air Force. Additionally, the company will operate, manage and sustain the full capability and functionality of the system for the duration of the program.

“We are honored that the Air Force has selected us as their partner of choice for this critical transformation program,” said Mac Curtis, president and chief executive officer, Perspecta. “With a long history of successfully modernizing and managing complex, high-value networks and systems, we are confident that we have the right people, processes and technology to help our Air Force customer accelerate their modernization journey.”

The goal of the single management architecture will be to support every Air Force base in meeting security requirements and maintaining required, standard updates in order to create the best possible security posture against persistent network attacks and cyber threats.

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 270+ 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.

 

Contact:

Lorraine M. Corcoran
Vice President, Corporate Communications
571.313.6054 office
301.529.9429 mobile
lorraine.corcoran@perspecta.com

M. Stuart Davis
Vice President, Investor Relations
703.547.0300 office
571.424.6262 mobile
stuart.davis@perspecta.com

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