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Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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Andrew Hallman, a career national security and intelligence leader, has been named vice president of national security strategy and integration at Peraton. Starting on May 9, Peraton said Monday Hallman will oversee the creation, testing and implementation of new intelligence missions at the Herndon, Virginia-based information technology and consulting company. “As he’s proven throughout his career, Andrew […] More
Executive Mosaic has included Stu Shea, chairman, president and CEO of Peraton, in the 2022 class of the Wash100 Award recipients for driving significant company growth and acquisition strategies. This represents the sixth time Shea has been selected as one of Executive Mosaic’s top 100 executives who have notable influence in the government contracting arena. […] More
Peraton has won a potential 10-year, $2.69 billion contract from the Department of Homeland Security for assistance with data center and cloud optimization efforts. Under the indefinite-delivery/indefinite-quantity contract, Peraton subsidiary Perspecta Engineering will facilitate and run the DHS’ hybrid computing environment through a range of hybrid compute operations services, the company announced Wednesday. Peraton Chairman, President and […] More
Peraton has selected Reston, Virginia for its new corporate headquarters, which is set to start operations by September 2022. The new headquarters, designed to facilitate better customer engagement and enhance employee experience, will serve as a national and regional hub for Peraton and house major operations for three of its business units, the company said Thursday. […] More
Peraton, a Veritas Capital portfolio company, has acquired ViON’s cloud business, including its as-a-service portfolio, to expand information technology infrastructure offerings to government clients. The company said Wednesday ViON’s as-a-service IT portfolio includes more than 25 offerings such as artificial intelligence, storage, compute, networking and high-performance computing solutions for federal and state government customers. “With […] More
Stu Shea, president, CEO and board chairman of Peraton and a 2021 Wash100 Award winner, said the plan to maintain a remote or hybrid work environment will likely guide Peraton’s decisions on office footprint as it works to integrate Perspecta and Northrop Grumman’s federal information technology and mission support business, the Washington Business Journal reported […] More

Stu Shea, chairman, president and CEO of Peraton, has been inducted into the 2021 Wash100 Award, marking his fifth time receiving the recognition from Executive Mosaic for his contributions in support of the government contracting community. The award highlights Shea's strong leadership and expansion efforts, including spearheading major acquisitions and valuable contract awards.

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Peraton has aligned the company around four business sectors and appointed new executives to its leadership team, following its $3.4 billion acquisition of Northrop Grumman's integrated mission support and IT solutions business, the company reported on Thursday. "As Peraton expands we will be faced with a complex range of new opportunities and challenges across our functions and businesses,“ said Stu Shea, chairman, president and CEO of Peraton and 2021 Wash100 Award recipient. 

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Veritas Capital has completed its $3.4 billion acquisition of Northrop Grumman“™s IT and mission support services business. Veritas announced the multi-billion dollar transaction in December 2020, stating that the transaction will enable Veritas to establish a technology-enabled services platform that can deliver support to a wide range of critical government missions through its combination with Peraton. “The completion of this transaction brings together two dynamic businesses with complementary, mission-critical solutions and capabilities, creating an industry-leading platform with a shared commitment to customer success,“ said Ramzi Musallam, chief executive officer and managing partner of Veritas, and 2020 Wash100 Award recipient.

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Veritas Capital has moved to acquire Perspecta for $7.1 billion and plans to combine the latter to its portfolio company Peraton to expand its position in the government technology market. Perspecta has entered into a definitive agreement for the all-cash transaction. "Perspecta will be well positioned to build on our momentum and continue executing on customer commitments as Perspecta delivers cyber, digital-transformation and mission-focused solutions,“ said Mac Curtis, chairman and CEO of Perspecta and 2020 Wash100 Award recipient. Stu Shea, chairman, president and CEO of Peraton and 2020 Wash100 Award recipient said, "Together, we will create a top-tier, privately-owned government technology business with a focus on missions of consequence.“

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