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Perspecta Inc. (NYSE: PRSP) has secured multiple classified contracts worth over $519 million to provide mission support services to U.S. government clients. These awards, announced on October 29, 2020, focus on high-end systems engineering, data analytics, cybersecurity, cloud/IT services, and software development. The contracts are vital for enhancing national security and fortifying the company’s position in the government services sector. With over 14,000 employees and a strong innovation background signified by 280 patents, Perspecta continues to be a leader in government analytical engineering.
Perspecta Inc. (NYSE: PRSP) has secured a significant contract with the California State Teachers' Retirement System (CalSTRS) for data center hosting and migration services. This contract, valued at $17 million for the initial three years, has options extending its total potential value to $42.5 million. Perspecta will migrate critical financial and benefits applications to a cloud platform and support ongoing cloud operations, ensuring robust IT service management and security measures, thus strengthening its partnership with CalSTRS.
Perspecta Inc. (NYSE: PRSP) will release its Q2 fiscal year 2021 earnings after market close on Nov. 10, 2020. A conference call for analysts and investors will take place at 5:00 p.m. EST to discuss the results. Interested parties can join by dialing the provided numbers or through a webcast on Perspecta's website. The company offers diverse services to U.S. government sectors and boasts over 280 patents. This press release includes forward-looking statements, cautioning about potential risks and uncertainties that could affect future results.
Perspecta Inc. (NYSE: PRSP) opened a new office at the Georgia Cyber Center in Augusta, welcomed by Governor Brian Kemp and Congressman Rick Allen. This strategic location near the U.S. Army Cyber Command will create 178 job opportunities, focusing on recruiting engineers and analysts to bolster cybersecurity efforts. The Georgia Cyber Center, valued at $100 million, supports a collaborative environment for addressing complex cybersecurity challenges. Perspecta is recognized as a leader in mission-critical cyber expertise and holds a contract with USCYBERCOM.
Perspecta Inc. (NYSE: PRSP) announced its applied research arm, Perspecta Labs, has received an award from IARPA to research the Trojans in AI through the TrojAI program. This initiative aims to detect adversarial Trojans that compromise AI systems during the machine learning training phase. Perspecta Labs will develop multi-faceted detection tools, employing advanced techniques to minimize Trojan security risks. With over 280 patents, Perspecta focuses on enhancing cybersecurity solutions for government clients.
Perspecta Inc. (NYSE: PRSP) has officially gifted the veteran-focused Home of the Brave campaign to Soldiers' Angels, a nonprofit organization, after three years of collaboration. This campaign honors and supports veterans at VA medical facilities, previously serving over 165,000 veterans. Soldiers' Angels aims to expand participation, leveraging partnerships to ensure support and resources for veterans amidst challenges, including revenue losses due to COVID-19. The campaign has raised $93,505 and engaged 650 volunteers in its initiatives.
On Sept. 22, 2020, Perspecta (PRSP) announced a collaboration with NextgenID to develop a remote identity proofing solution targeting federal agencies. The initiative responds to the updated SP800-63A standard by the National Institute of Standards and Technology, enabling secure remote identity verification for government facilities. The solution combines Perspecta's expertise with NextgenID's technology, utilizing kiosks for document scanning, fingerprinting, and real-time verification. This partnership aims to modernize credentialing and enhance security, particularly in light of challenges posed by the coronavirus pandemic.
Perspecta (NYSE: PRSP), a prominent U.S. government services provider, has secured an award to deliver a prototype of its HealthConcourse digital health platform to the Defense Health Agency. This initiative supports the Military Health System's GENESIS project aimed at modernizing electronic health records. Over the next year, Perspecta will migrate patient data to the cloud for the Department of Defense, enhancing accessibility for healthcare professionals. The HealthConcourse platform is distinguished by its standards-driven, open technology, and was recently recognized as Red Hat's Application Platform Success Partner of the Year.
