Perspecta CEO says company is awaiting ‘substantial’ corrective action on DEOS

By Marjorie Censer / November 14, 2019 at 1:13 PM

Following its protest of a major cloud services contract, Perspecta is now expecting the government to take corrective action, according to its chief executive.

Mac Curtis told analysts Wednesday the company thought its protest of the Defense Enterprise Office Solutions Blanket Purchasing Agreement, which was awarded to General Dynamics Information Technology, was “warranted.”

“In general, you go into a debrief, you want to come out knowing more than you do when you went in,” Curtis said. “We're not a litigious company by any stretch of the imagination.”

“This particular protest we felt was warranted given the feedback that we received,” Curtis added. “It wasn't frivolous.”

“I think corrective action is on its way,” he told analysts. “And I think it's substantial, and so we'll see what happens.”

Several outlets reported last month the Defense Department and General Services Administration had decided to take corrective action on the program.

Meanwhile, Perspecta this week reported sales in its most recent quarter hit almost $1.2 billion, up about 10% from the same three-month period a year earlier. The company’s quarterly profit reached $29 million, up about 21% from the prior year.