Stu Shea, president, CEO and board chairman of Peraton and a 2021 Wash100 Award winner, said the acquisitions of Northrop Grumman’s (NYSE: NOC) federal information technology and mission support business and Perspecta were the driving forces behind Peraton’s transformation into a next-generation national security company that supports federal clients across the cyber, health, border, election and financial security areas.
“You see the deals. They happen, and sometimes you push them and get out in front of them. Sometimes they are just happening around you pretty quickly. You have to be opportunistic to jump on them,” Shea said of the recent transactions during ACG National Capital’s monthly meeting on June 8.
Peraton added contracts and people with the Northrop deal and Shea called the transaction as an “additional accretive element.” The Perspecta deal provided Peraton access to a wide range of capabilities.
Shea said the integration process was divided into “people” and “things” components. For the people component, he noted that the leadership presented an organization plan and allowed employees to share their insights. Peraton started to integrate personnel using responses from the workforce.
He explained how Peraton facilitated the transactions and integration process during the COVID-19 pandemic.
“A lot of my focus now is going to be getting back out and meeting with our customers and to go visit our locations,” said Shea.”