Proposed DXC USPS-Vencore-KeyPoint Merger to Operate as Perspecta; Mac Curtis Comments

Mac Curtis

The new company that will emerge from the proposed merger of DXC Technology (NYSE: DXC) U.S. public sector business with Vencore and KeyPoint Government Solutions will operate under the Perspecta name upon the transaction’s closure.

Mac Curtis, president and CEO of Vencore, will serve as CEO of Perspecta that is expected to launch in May, Vencore said Thursday.

“In selecting the new company’s name and brand, it was important to represent the optimism and excitement around the unique value that this combined entity will deliver to government customers,” he said. 

Curtis, a 2018 Wash100 recipient, added the company will work to focus on innovation and adopt collaborative approaches to help address complex national challenges.

Mike Lawrie, chairman, president and CEO of DXC, will serve as chairman of Perspecta upon the deal’s closure.

DXC originally announced the merger in October 2017 that seeks to create a “top five” independent, publicly traded government information technology services contractor.

Vencore said Perspecta will deliver end-to-end mission platforms and IT services to federal, local and state government clients to help them address information and national security challenges.

The registration process with the Securities and Exchange Commission is now underway and the companies have received all the necessary regulatory clearances to complete the merger.

You may also be interested in...

Naval Strike Missile

State Dept Clears $300M Sale of Raytheon Technologies-Made Naval Missiles to Romania

The State Department approved Romania's request to buy anti-ship missile systems manufactured by Raytheon Technologies (NYSE: RTX) through a potential $300M foreign military sale transaction with the U.S. government. The company's missiles and defense business would deliver two units of the Naval Strike Missile Coastal Defense System and complementary equipment to Romania's government under the potential deal, the Defense Security Cooperation Agency said Friday.

August Jackson Senior Director Deltek

ArchIntel’s AI in Competitive Intelligence Virtual Event to Discuss Maintaining Competitive Advantage

Artificial intelligence (AI), machine learning (ML) and big data have transformed how businesses conduct competitive intelligence (CI) and how our stakeholders use the developed analyses. Additionally, the federal government has integrated emerging technologies to remain competitive across the defense landscape. To register for ArchIntel’s AI in Competitive Intelligence Virtual Event, as well as view upcoming opportunities, visit ArchIntel’s Event Page.