Perspecta Awarded NGA Enterprise Engineering (NEE) Contract and First Major Task Order for the National Geospatial-Intelligence Agency
Chantilly, Va.— Aug. 12, 2019—Perspecta Inc. (NYSE: PRSP), a leading U.S. Government services provider, announced today that it has received a single award Indefinite Delivery, Indefinite Quantity (IDIQ) contract from the National Geospatial-Intelligence Agency (NGA) to perform full life cycle systems engineering and integration (SE&I) work. The contract has a five (5) year ordering period with a maximum ceiling value of $824 million. Perspecta also received the first task order on the contract, valued at $223 million, and began performing the services at the end of July.
“We are thrilled to continue this critical work in support of national security,” said Mac Curtis, president and chief executive officer of Perspecta. “This award is not only a testament to the value and dependability Perspecta provides, but it also speaks to the confidence our long-standing NGA customer has in our innovation and expertise in SE&I to meet the agency’s rapidly evolving mission needs.”
Perspecta provides analytical engineering expertise and mission support to government customers across the military, intelligence and federal IT spectrum. As a long-standing leader in SE&I, Perspecta also delivers software, cyber and agile/DevOps solutions via government programs.
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.
Lorraine M. Corcoran
Vice President, Corporate Communications
M. Stuart Davis
Vice President, Investor Relations