Perspecta

Perspecta awarded position on $700 million Multiple Award Blanket Purchase Agreement with DHS to provide national security investigations

Tuesday, May 4, 2021 - 11:00pm

"Our team has an enduring commitment to provide top quality investigations across all case types and helps agencies like DHS verify the trustworthiness of their employees to ensure continuity in fulfilling their missions.

Key Points: 
  • "Our team has an enduring commitment to provide top quality investigations across all case types and helps agencies like DHS verify the trustworthiness of their employees to ensure continuity in fulfilling their missions.
  • "\nWith experienced field management teams and unparalleled quality control, Perspecta delivers integrity in employee onboarding, insider threat, compliance and risk management.\nAt 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 280+ issued, licensed and pending patents are more than just pieces of paper, they tell the story of our innovation.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Buyout Investigation

Wednesday, February 24, 2021 - 2:58pm

announces that it is investigating:

Key Points: 
  • announces that it is investigating:
    Perspecta Inc (NYSE: PRSP ) regarding possible breaches of fiduciary duties and other violations of law related to Persepctas agreement to be acquired by affiliates of Peraton.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-perspecta-inc .
  • Under the terms of the agreement, Coherents shareholders will receive 1.1851 shares of Lumentum Holdings and $100.00 in cash per share.
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com .

Perspecta awarded $38 million for Defense Manpower Data Center's contractor management system used across U.S. Department of Defense

Wednesday, February 24, 2021 - 1:45pm

The award spans five years, including four option years, with a ceiling value of $38 million.

Key Points: 
  • The award spans five years, including four option years, with a ceiling value of $38 million.
  • Specifically, Perspecta will provide cloud migration, software development, quality assurance, 24/7 help desk support and training.
  • Perspecta, which received "excellent" ratings from DMDC in the Contractor Performance Assessment Reporting (CPAR) system for the last two years, was awarded the agreement over the bids of five other contractors.
  • Perspecta brings a diverse set of capabilities to our U.S. government customers in defense, intelligence, civilian, health care and state and local markets.

DATC Member Perspecta Labs Wins Award to Develop Cybersecurity Prototypes

Thursday, February 18, 2021 - 2:00pm

TROY, Mich., Feb. 18, 2021 /PRNewswire-PRWeb/ -- The U.S. Army awarded Defense Automotive Technologies Consortium (DATC) member Perspecta Labs, the innovative applied research arm of Perspecta Inc., a $952,346 award, to produce prototypes for ground vehicle platforms to increase cybersecurity capabilities and maximize system survivability and force protection.

Key Points: 
  • TROY, Mich., Feb. 18, 2021 /PRNewswire-PRWeb/ -- The U.S. Army awarded Defense Automotive Technologies Consortium (DATC) member Perspecta Labs, the innovative applied research arm of Perspecta Inc., a $952,346 award, to produce prototypes for ground vehicle platforms to increase cybersecurity capabilities and maximize system survivability and force protection.
  • "We are excited for our government customer and our member Perspecta Labs," said Brandon Card, Executive Director at DATC.
  • "Cybersecurity is a critical component for the Army's modernization plans, so DATC is eager to provide leading cybersecurity solutions to support the warfighter."
  • "Perspecta Labs is looking forward to providing an innovative, on-board cyber capability that works alongside existing supply chain security and post-manufacturing of vehicular microelectronics to secure mission-critical U.S. Army ground vehicle platforms," says Petros Mouchtaris, president and general manager, Perspecta Labs.

PERSPECTA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Perspecta Inc. - PRSP

Thursday, February 4, 2021 - 4:29pm

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Perspecta Inc. (NYSE: PRSP) to Peraton, a portfolio company of Veritas Capital.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Perspecta Inc. (NYSE: PRSP) to Peraton, a portfolio company of Veritas Capital.
  • Under the terms of the proposed transaction, shareholders of Perspecta will receive only $29.35 in cash for each share of Perspecta that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

PERSPECTA ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of PRSP and Encourages Investors to Contact the Firm

Wednesday, January 27, 2021 - 5:43pm

On January 27, 2021, Perspecta announced that it had signed an agreement to be acquired by Veritas for approximately $7.1 billion.

Key Points: 
  • On January 27, 2021, Perspecta announced that it had signed an agreement to be acquired by Veritas for approximately $7.1 billion.
  • Pursuant to the merger agreement, Perspecta stockholders will receive $29.35 in cash for each share of Perspecta common stock owned.
  • Bragar Eagel & Squire is concerned that Perspectas board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Perspecta Inc. Buyout

Wednesday, January 27, 2021 - 5:33pm

announces that it is investigating Perspecta Inc. (Perspecta) (NYSE: PRSP ) regarding possible breaches of fiduciary duties and other violations of law related to Perspectas agreement to be acquired by affiliates of Peraton.

Key Points: 
  • announces that it is investigating Perspecta Inc. (Perspecta) (NYSE: PRSP ) regarding possible breaches of fiduciary duties and other violations of law related to Perspectas agreement to be acquired by affiliates of Peraton.
  • Under the terms of the agreement, Perspectas shareholders will receive $29.35 in cash per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-perspecta-inc .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com .

Veritas Capital to acquire Perspecta in all-cash transaction valued at $7.1 billion

Wednesday, January 27, 2021 - 1:28pm

Veritas is a significant Perspecta stockholder today, holding approximately 14.5% of Perspecta's shares outstanding.

Key Points: 
  • Veritas is a significant Perspecta stockholder today, holding approximately 14.5% of Perspecta's shares outstanding.
  • The government technology market has been a key focus area for Veritas since its inception.
  • Having considered all opportunities available, the Perspecta Board of Directors is confident this transaction offers the most compelling value creation for shareholders," said Mac Curtis, Chairman and Chief Executive Officer of Perspecta.
  • This communication is being made in respect of the proposed transaction involving the Company and Peraton, an affiliate of Veritas Capital.

Perspecta Sets Records in 2020, Announces Addition to Senior Leadership Team of Chief Revenue Officer to Accelerate Growth in 2021

Wednesday, January 6, 2021 - 12:00pm

Joseph Kennedy joins the Perspecta team as the new Chief Revenue Officer (CRO), to continue to build upon Perspecta's market leadership position solutions.

Key Points: 
  • Joseph Kennedy joins the Perspecta team as the new Chief Revenue Officer (CRO), to continue to build upon Perspecta's market leadership position solutions.
  • In order to build upon its position as market leader in the Health Care and Workers' Compensation solutions space, Perspecta invited Joseph Kennedy to join the team as Chief Revenue Officer (CRO).
  • "I am very excited to be a part of the Perspecta leadership team," said Kennedy.
  • In 2021, Perspecta will continue to partner with its customers to develop products that meet the needs of the market.

Perspecta Labs wins $13 million award to continue development of an agile, efficient, resilient radio frequency communications solution for the U.S. Army

Wednesday, November 18, 2020 - 1:30pm

This award, which represents follow-on work for the company, has a value of $13 million.

Key Points: 
  • This award, which represents follow-on work for the company, has a value of $13 million.
  • On the program, Perspecta Labs will design, develop, integrate and demonstrate an automated PACE capability which will significantly reduce the burden on the warfighter and improve network resilience.
  • "Perspecta Labs' automated PACE solution supports mission success by automating initialization steps and using an intelligent decision agent to maintain warfighter communications in the most challenging environments," said Petros Mouchtaris, president and general manager, Perspecta Labs.
  • The Perspecta Labs automated PACE solution will support both voice and data services, with an automated switching capability cognizant of classification levels and boundaries.