Welcome to our dedicated page for PRSP news (Ticker: PRSP), a resource for investors and traders seeking the latest updates and insights on PRSP stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PRSP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PRSP's position in the market.
Cubic Corporation announced the appointment of Stevan Slijepcevic as President and CEO and Mac Curtis as Chairman of the Board, succeeding Bradley H. Feldmann. Slijepcevic, a seasoned executive with over 25 years at Honeywell, previously led a business unit generating over
Both leaders aim to drive Cubic's next growth phase following its recent transition to a private entity.
Veritas Capital has successfully completed the acquisition of Perspecta Inc. (NYSE: PRSP) for $7.1 billion in an all-cash transaction. This merger will form a new powerhouse in the government technology sector by combining Perspecta with Peraton, another Veritas portfolio company. The unified company aims to enhance service offerings across federal, state, and local governments, leveraging a strengthened operational structure and a talented workforce. Veritas aims to invest in the long-term success of the new entity to support critical missions effectively.
On May 5, 2021, Perspecta (NYSE: PRSP) announced that its stockholders approved the merger with Peraton, a portfolio company of Veritas Capital, at $29.35 per share in cash. The majority of shares voted in favor of the merger at a special meeting, held on the same date. The transaction is expected to close shortly. Perspecta highlighted its capabilities in serving U.S. government customers, having 280+ patents and a workforce of nearly 14,000.
Perspecta Inc. (NYSE: PRSP) announced the award of a $17.9 million task order to develop cyber tools for the U.S. Marine Corps Forces Cyberspace Command over a two-year period. Contracted by the Naval Information Warfare Center Pacific, this initiative aims to enhance MARFORCYBER's capabilities in software development, testing, integration, and maintenance for modern cyber operations. The award underscores Perspecta's ongoing commitment to supporting U.S. Department of Defense and Intelligence Community initiatives, further solidifying its role in national security.
Perspecta Inc. (NYSE: PRSP) has secured a five-year Blanket Purchase Agreement worth $700 million from the Department of Homeland Security (DHS) to provide national security investigations. This contract reinforces Perspecta's position as the largest provider of background investigative services in the U.S., with over 18 years of experience supporting DHS and related agencies. The company aims to enhance national security by delivering high-quality investigative support, integrity in employee processes, and risk management services.
Perspecta Inc. (NYSE: PRSP) has achieved the prestigious Amazon Web Services (AWS) Managed Service Provider (MSP) Partner Program designation as of April 19, 2021. This recognition validates Perspecta's expertise in providing comprehensive AWS solutions for government customers throughout their cloud adoption journey. Previously recognized as an AWS Advanced Consulting Partner, Perspecta holds multiple competencies including AWS DevSecOps and AWS Cloud Migration. The AWS MSP designation underscores the company's commitment to delivering high-quality cloud services.
Perspecta Inc. (NYSE: PRSP) announced a significant $18.5 million contract award for its research arm, Perspecta Labs, under the DARPA Resilient Networked Distributed Mosaic Communications program. This contract entails developing resilient, low-cost tactical radio communications over 45 months. The project aims to innovate with self-forming, low-power transceiver tiles, enhancing long-range communications while minimizing vulnerability to jamming. Perspecta Labs will prototype and validate a distributed array system compatible with existing radio technologies.
Perspecta Inc. (NYSE: PRSP) has been awarded a contract worth $71 million to support the Space Weather Analysis and Forecast System (SWAFS) program by the U.S. Space Force. This five-year contract, awarded under the Small Business Innovation Research program, aims to enhance data analysis capabilities related to solar flares and solar winds. Perspecta will migrate SWAFS software applications to a cloud environment, facilitating improved access to near-real-time data for the U.S. Department of Defense.
Perspecta Inc. (NYSE: PRSP) has received accreditation as a State Risk and Authorization Management Program (StateRAMP) Third Party Assessment Organization (3PAO). This recognition, effective from February 2021, allows Perspecta to evaluate cloud solutions for state and local government agencies. StateRAMP aims to reduce cybersecurity risks by creating a unified approach to cloud security verification. Perspecta’s commitment to cybersecurity is further highlighted by their renewal of FedRAMP accreditation in 2020. The company focuses on providing services across defense, intelligence, and civilian sectors.
Perspecta Inc. (NYSE: PRSP) announced multiple contracts for its research arm, Perspecta Labs, to advance dual-use 5G technology for the Department of Defense. The company secured two prime contracts totaling $8.1 million over a period of 39 months. Projects include a $5 million Navy Smart Warehouse prototype and a $3.1 million dynamic spectrum utilization effort. These contracts signify new work and highlight the role of 5G in enhancing logistics and defense operations.
