Chantilly, Va.—October 1, 2018— Perspecta Inc. (NYSE: PRSP) announced today that its innovative research arm, Perspecta Labs, was awarded a prime contract from the U.S. Defense Advanced Research Projects Agency (DARPA) to support the Cyber-Hunting at Scale (CHASE) program. The four-year contract which represents new work for the company has a base value of $4.7M, not including options.
The goal of the CHASE program is to develop dynamic, real-time tools that can successfully defend large-scale, distributed networks from broad-spectrum cyber threats. The program aims to leverage iterative techniques to converge on the right data, from the right devices, at the right time to detect, characterize and thwart attacks.
On the contract, Perspecta Labs will develop, demonstrate and evaluate data-driven cyber-hunting tools that work in real-time, at-scale, and across multiple enterprise networks. Specifically, the company plans to design and develop WILEE, a set of components for threat detection and characterization.
“This new work builds on Perspecta Labs' research experience, technology expertise and implementation capabilities on past cyber work with DARPA,” said Petros Mouchtaris, Ph.D., president of Perspecta Labs. “We look forward to working closely with DARPA on this critical work to harden distributed networks.”
The Perspecta Labs’ WILEE solution will accelerate the hunt process by translating high-level threat descriptions into possible concrete implementations using a variety of sophisticated analytic techniques, including adversarial planning, genetic perturbation and data-driven evaluation. WILEE will automatically prioritize hunt activities, inform data collection, minimize detection time and detect both known and novel malicious activities with high confidence.
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. For more information about Perspecta, visit perspecta.com.
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This press release may contain- forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Perspecta and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Perspecta undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Perspecta believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.
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