Perspecta Awarded Position on $300 Million Intelligence Analysis Blanket Purchase Agreement with the Federal Bureau of Investigation

CHANTILLY, Va., Dec. 4, 2018 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that Vencore, a Perspecta company, has been awarded a blanket purchase agreement (BPA) for the Federal Bureau of Investigation's (FBI) Solutions for Intelligence Analysis Services (SIAS) contract. The award, which represents new work for the company, has a one year base with four option years. The SIAS BPA is a multiple award contract with a $300 million potential ceiling value.

The purpose of the SIAS program is to provide the FBI with efficient, innovative and reliable intelligence support and related services for today's expanding threat landscape. Per the agreement, Perspecta will compete for call orders to perform a range of analysis, advisory and assistance services.

"At Perspecta, we are committed to never stop solving our nation's most complex challenges, and we've been doing just that across the Intelligence Community for more than four decades," said Mac Curtis, president and chief executive officer, Perspecta. "We are honored to have the opportunity to bring our legacy of working on critically important national security programs to the FBI, and are excited to expand our partnership with the agency in support of their evolving mission requirements."

Perspecta has been providing highly technical and analytical expertise to customers across the Intelligence Community for more than forty-five years. As a long-standing leader in systems engineering and integration, Perspecta also delivers software, cyber and agile/DevOps solutions on government programs across the military, intelligence and federal IT spectrum.

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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