Peraton Explained

Peraton Inc.
Type:Private
Foundation:2017
Key People:Steve Schorer, chairman, president, CEO
Num Employees:> 18,000
Revenue: billion
Revenue Year:2023
Num Employees Year:2024
Website: www.peraton.com
Footnotes:[1]

Peraton Inc. is a privately held American national security and technology company formed in 2017.[2] It is headquartered in Reston, Virginia.[3] Its service areas include space, intelligence, cyber, defense, homeland security, citizen security, and health. The company's applied research organization, Peraton Labs, is located in Basking Ridge, New Jersey.[4]

As of 2021 the company had more than 150 offices across the United States.[5] Peraton then employed over 5,000 people in the D.C. area and approximately 18,000 worldwide.[6]

History

Peraton was established and has grown due to acquisitions made by New York-based private-equity firm Veritas Capital. In 2017, Veritas acquired Harris Corporation's government IT services division and renamed it Peraton.[7] In 2019, Peraton acquired Solers, Inc.; the terms of the acquisition were not disclosed.[8] In 2021, Veritas acquired the federal IT and mission support business of Northrop Grumman for $3.4 billion.[9] [10] In May 2021, Perspecta (a 2018 merger of DXC Technology's U.S. public sector spin-off, Vencore, Inc., and KeyPoint Government Solutions),[11] was acquired by Veritas for $7.1 billion and placed under Peraton.[12]

Peraton was awarded a $2.69 billion contract by the U.S. Department of Homeland Security concerning Data Center and Cloud Optimization Support Services.[13] [14] Peraton also captured a $1B contract from the Pentagon to counter "misinformation".[15]

Despite loss of business due to the reorganization of the US government in President Trump's second term,[16] Peraton is still maintaining existing and receiving new government contracts.[17] [18] They have been chosen as the recipients of a $31.5 billion contract to modernize the FAA's Air Traffic Control System.[19]

References

  1. Web site: Top 100 Defense Companies for 2023 . Top 100 . . 2023-10-27 .
  2. Web site: 2021-12-25. Perspecta, now under Peraton, lands $473.8 million agreement. 18 May 2021. Virginia Business.
  3. Web site: 2 December 2021 . Fast growing IT contractor Peraton moving to new HQ in Reston. After officially winning SITEC 3 Peraton canceled many offers and sent new offers with much smaller salaries. . 2021-12-25 . WTOP News.
  4. Web site: 2022-06-22 . Peraton Labs Welcomes Rep. Malinowski To Basking Ridge . 2025-03-25 . Basking Ridge, NJ Patch . en.
  5. Web site: Peraton to move HQ from Herndon to Reston . Schulte . Katherine. December 2, 2021 . June 28, 2022.
  6. Web site: Aerospace firm Peraton wins $50M contract extension for CF-18 support . 2021-08-24 . Ottawa Business Journal . en . obj-ca.
  7. Web site: Wilkers . Ross . 2017-04-28 . Harris closes deal to sell IT services biz to Veritas Capital . 2025-04-23 . Washington Technology . en.
  8. Web site: Erwin . Sandra . 2019-06-17 . Peraton acquires cloud services, satellite ground systems provider Solers . 2025-04-23 . SpaceNews . en-US.
  9. News: Northrop sells IT business to Veritas Capital for $3.4B. Insinna. Valerie. December 8, 2020. May 22, 2021. Defense News.
  10. News: Peraton closes on $3.4B cash purchase of Northrop Grumman biz. Lake. Sidney. February 1, 2021. May 22, 2021. Virginia Business.
  11. Web site: Perspecta debuts on the New York Stock Exchange, unveils board of directors . Terry . Robert J. . . June 1, 2018.
  12. Web site: Peraton . 2021-12-25 . Georgia Cyber Center.
  13. Web site: Peraton lands $2.69B Homeland Security contract . Schulte . Katherine . 2022-02-16 . 2022-06-28.
  14. Web site: General Dynamics loses $2.7B cloud contract protest . 2022-01-21 . 2022-06-28.
  15. Web site: Jones . John Hewitt . 2021-08-11 . DOD awards $1B contract to Peraton to counter misinformation . 2023-04-26 . FedScoop . en-US.
  16. News: Peraton Prepares for "Mass Layoff" in Princess Anne . 22 April 2025 . WBOC . Salisbury, Maryland . https://web.archive.org/web/20250422230306/https://www.wboc.com/news/peraton-prepares-for-mass-layoff-in-princess-anne/article_92747c65-8f9e-4bd9-9f43-bb5412da2e15.html . 22 April 2025 . live .
  17. News: Hamilton . Jillian . 24 April 2025 . Lockheed, Northrop, and Peraton Land $244M Contract to Build Next-Gen Space Relay Network . Daily Intelligence Newsletter (Clearance Jobs - DHI Group, Inc.) . https://web.archive.org/web/20250425032858/https://news.clearancejobs.com/2025/04/24/lockheed-northrop-and-peraton-land-244m-contract-to-build-next-gen-space-relay-network/ . 25 April 2025 . live .
  18. Web site: Tong . Noah . 1 May 2025 . CMS sets up real-time medical fraud center with DOGE; Federal contractor rolls out commercial tool . Fierce Health Care . https://web.archive.org/web/20250502151822/https://www.fiercehealthcare.com/providers/cms-sets-real-time-medical-fraud-center-doge-federal-contractor-rolls-out-commercial-tool . 2 May 2025 . live .
  19. Funk . Josh . Yamat . Rio . 5 December 2025 . What to know about the air traffic control overhaul and the company FAA hired to manage it . Associated Press . live .

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