May 28, 2019

Torch.AI to Support New $75 Million U.S. Department of Defense Program to Modernize Security Clearance Vetting

Torch.AI to Support New $75 Million U.S. Department of Defense Program to Modernize Security Clearance Vetting

Chantilly, Va.— May 28, 2019—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it has been awarded an Other Transaction Agreement  (OTA) from the Defense Security Service (DSS) and Defense Information Systems Agency (DISA), to support the continued reform and modernization strategy for the National Background Investigation Service (NBIS). The two-year award represents new work for the company and has a potential ceiling value of nearly $75 million.Under the agreement, Perspecta will work to update and rebuild the Department of Defense (DoD) personnel security vetting and adjudication technology apparatus.

The goal of the program is to make the personnel security clearance process faster, scalable and more secure through an innovative delivery model. Specifically, the company plans to leverage commercial-off-the-shelf solutions combined with its advanced data analytics capabilities and expertise in emerging technology areas such as big data, cloud, artificial intelligence and machine learning, to deliver a new, more agile process to support DSS’ rapidly evolving needs.“Perspecta is a leading DoD mission partner in supporting the development of a trusted workforce model that can meet evolving national security demands and better support the dedicated personnel involved in background investigations and adjudication,” said Mac Curtis, president and chief executive officer of Perspecta. “We applaud DoD’s efforts to drive bold, transformational change in technology and will provide an unmatched combination of proven innovation and intellectual property (IP), scalable agile development/security/operations (DevSecOps) expertise and intimate knowledge of the security clearance vetting process to our DSS customer.

”To deliver the DSS OTA program, Perspecta has partnered with Torch.AI; C3 IoT; Pegasystems, Inc.; CA Technologies (A Broadcom Company); Accenture Federal Services, LLC; Prime Technical Services, Inc.; and Next Tier Concepts, Inc.Additional information can be found here:  Defense Security Service & Defense Information Systems Agency : Partnering with Industry to Protect National Security

About Torch.AI

Torch.AI’s Nexus platform changes the paradigm of data and digital workflows, forever solving core impediments caused by the ever increasing volume and complexity of information.  Customers enjoy a single integrated solution which begins by instantly deconstructing and identifying any data, in real-time, at the earliest possible moment. Purpose built for massively scaled, ultra high-speed data processing, the platform comes equipped with security features, flexible data workloads, compliance capabilities, and drag and drop functionality that is unrivaled in today’s technology landscape.  It’s an enlightened approach.  Learn more at Torch.AI.

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.

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