Chantilly, Va. —June 3, 2020—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it was awarded an Other Transaction Agreement from the U.S. Army Training and Doctrine Command to deliver the Army Training Information System (ATIS). The four-year, fixed-price award represents new work for the company with a total potential ceiling value of $237 million.
The award is for Phase II of the ATIS program and includes the development, integration, delivery, operation and maintenance of an enterprise capability for Army training and education information. The Perspecta solution will consolidate 28 legacy systems, implement proven processes and migrate data into a single-entry, integrated, cloud-based system. This will provide the Army with a real-time understanding of combat readiness with reduced cost and complexity.
“As a leader in digital strategy and transformation, we are committed to bringing the most innovative solutions to our customers in order to enable mission success,” said Jeff Bohling, senior vice president of the defense group of Perspecta. “This award is a testament to our success during Phase I of the program, and we look forward to bringing this new capability to life in support of the Army’s readiness goals.”
Perspecta successfully completed Phase I of the ATIS program in 2019 where the company delivered a prototype of its ATIS solution, which included Fox, a commercial-off-the-shelf software from Britannica Knowledge Systems. The Fox Training Management System is deployed in another Army command and in multiple enterprises where training is critical to the mission.
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 270+ 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 nearly 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.
Lorraine M. Corcoran
Vice President, Corporate Communications
Michael V. Pici
Vice President, Investor Relations