Perspecta Awarded more than $390 Million in New Classified Systems Engineering and Integration Work

CHANTILLY, Va., Feb. 12, 2019 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it was awarded multiple classified systems engineering and integration programs totaling more than $390 million to support U.S. government customers. Award notifications were delivered during the company's third quarter and, collectively, the work will span 10 years of performance if all options are exercised.

"At our core, we are innovative problem solvers," said Mac Curtis, president and chief executive officer of Perspecta. "For more than four decades, we have been partnering with important government customers, innovating highly technical solutions to solve some of the most complex systems engineering and integration problems. We are honored to continue this critically important work in support of national security."

Perspecta provides analytical engineering expertise to government customers across the military, intelligence and federal IT spectrum. As a long-standing leader in systems engineering and integration, 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.

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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