Mac Curtis, Perspecta president and CEO, answered several questions from analysts during an earnings call Wednesday and one of the queries he responded to is about a potential five-year, $900M cyber operations services contract the company won in December from Army Cyber Command, the Washington Business Journal reported Thursday.
“Without the combined — what we call the pyramid of the companies — there's no way we would have won” the single award, indefinite-delivery/indefinite-quantity contract, he told analysts.
Perspecta started trading on the New York Stock Exchange in June 2018 following the spinoff of DXC Technology’s U.S. public sector business and subsequent merger with Vencore and KeyPoint Government Solutions.
“It's all new work. We were kind of peering into the future arm in arm with the United States Army Cyber Command,” he said of the IDIQ contract.
The contract includes information assurance, systems and communications support services for Army Cybercom, according to WBJ.
Curtis, a 2019 Wash100 recipient, also answered questions about Perspecta’s talent recruitment efforts, potential mergers and acquisitions and NASA’s $3B NEST information technology support contract.
Perspecta reported $1.7B in contract awards and saw its revenue rise 49 percent to $1.08B in the third quarter of fiscal 2019 ended Dec. 31, according to the company’s quarterly financial results.