CHANTILLY, Va., Jan. 22, 2019 /PRNewswire/ -- Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it has been awarded a prime contract under the United States Army's Information Technology Enterprise Solutions 3 Services (ITES-3S) program. The multiple-award, indefinite delivery / indefinite quantity (IDIQ) contract has a five year base with four, one-year options, and an estimated potential ceiling value of $12 billion for all awardees.
The purpose of the ITES-3S contract vehicle is to provide the U.S. Army with a full range of enterprise-level IT services and solutions to satisfy and support its Enterprise Network Vision worldwide. This vision includes transforming the Army network by retaining the best of its current capabilities and developing improved interoperable functionality through new technology solutions and services. Under the contract, Perspecta will compete for task orders in the areas of cybersecurity, integration, consolidation, telecommunications, supply chain management, operation and maintenance, business process engineering, and education and training.
"At Perspecta, we have a track record of exceptional performance helping customers modernize and optimize their enterprises," said Mac Curtis, president and chief executive officer of Perspecta. "We are honored to have been selected to continue on this transformation journey with our Army customer, and we are excited about the work ahead."
ITES-3S is a follow-on award to the ITES-2S contract that was awarded in 2006, to provide the U.S. Army and other Department of Defense and federal agencies with a flexible means of meeting IT services needs quickly, efficiently and cost-effectively. As an incumbent, Perspecta employees have been working side by side with Army personnel since the contract's inception.
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 260+ 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 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.
SOURCE Perspecta Inc.