Peraton announced today it has signed a lease to establish a new corporate headquarters in Reston, VA.
The company, which since 2017 has had its headquarters in Herndon, VA, expects to open operations in its new building by September 2022, once initial construction phases are completed.
“2021 has been a year of transformational expansion for Peraton,” Stu Shea, the company's CEO, said in a statement. “As we have grown to become the nation’s leading mission capability integrator and the fourth largest privately owned company in Virginia, we have acquired employees and offices based all over the U.S. After spending the last six months focused on integration activities, we are now ready to move forward in 2022 as One Peraton.”
In a regulatory filing in May, Peraton said it was preparing to have nine business units once its acquisition of Perspecta was complete.
“Identifying a new headquarters that can be tailored to meet the needs and identity of the new Peraton is of paramount importance in that process,” Shea said in the statement today. “With the announcement of our new Reston headquarters, we are excited to remain in Northern Virginia, close to our customers as well as a robust and diverse talent pipeline and supported by world-class resources and infrastructure.”
In an interview with Inside Defense in May, Shea said the company was seeking to have around July 1 the "85% solution" for consolidating areas like business tools and bringing together the pipeline of bids, among other areas. Peraton that same month closed on its acquisition of Perspecta; in February, the company added Northrop Grumman's IT services business.
It will take another six to eight months "beyond that to get to the point that we're truly one integrated company," Shea said at the time.
By the end of 2021, he said, Peraton aims to have most of the systems, processes, people and bids fully integrated.