Peraton

American national security and tech company From Wikipedia, the free encyclopedia

Peraton Inc. is a privately held American national security and technology company formed in 2017.[3] It is headquartered in Reston, Virginia.[4] Its service areas include space, intelligence, cyber, defense, homeland security, citizen security, and health. The company's applied research organization, Peraton Labs, is sited in Basking Ridge, New Jersey.[5]

Quick Facts Company type, Founded ...
Peraton Inc.
Company typePrivate
Founded2017
HeadquartersReston, Virginia, U.S.
Key people
Steve Schorer, chairman, president, CEO
RevenueUS$7 billion (2023)
Number of employees
> 18,000 (2024)
Websitewww.peraton.com
Footnotes / references
[1][2]
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As of 2021 the company had more than 150 offices across the United States.[6] Peraton then employed over 5,000 people in the D.C. area and approximately 18,000 worldwide.[2]

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][13]

Peraton was awarded a $2.69 billion contract by the U.S. Department of Homeland Security concerning Data Center and Cloud Optimization Support Services.[14][15] Peraton also captured a $1B contract from the Pentagon to counter "misinformation".[16]

Despite loss of business due to the reorganization of the US government in President Trumps second term,[17] Peraton was still maintaining existing and receiving new government contracts.[18][19]

References

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