Peraton to move HQ from Herndon to Reston
Federal contractor expects to begin using new building by September 2022
Federal contractor Peraton Inc. is moving its headquarters from Herndon to Reston, the company announced Thursday.
Peraton has signed a lease at 1875 Explorer St. in Reston Town Center. It expects to begin operating in the new headquarters by September 2022, after the completion of initial construction phases.
In 2021, Peraton completed both the $7.1 billion purchase of Chantilly federal IT contractor Perspecta Inc. and the $3.4 billion acquisition of Northrop Grumman Corp.’s federal IT and mission support services business, with the backing of Peraton parent company Veritas Capital, a New York-based private equity firm.
After a year of acquiring offices and employees across the U.S. and six months of integration, Peraton is ready to move forward as one company, Peraton Chairman, President and CEO Stu Shea said in a statement.
“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. “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.”
The headquarters will house corporate leadership, major operations for three business sectors and its Mission Capability Innovation Center, which will have physical and virtual working environments and access to Peraton Labs’ Research and Innovation Centers. Peraton will continue major operations at other locations.
In terms of how the move might affect remote work policies, Peraton said in a statement that it will continue to support remote work where it makes sense in the future.
“While we expect that employees will spend more time in the office — including our new headquarters — once we gain the upper hand responding to the COVID-19 variants, we have learned that our employees are extremely effective and responsible while working remotely,” the company said.
Post-acquisition of Perspecta Inc. and Northrop Grumman’s integrated mission support and IT solution business, Peraton has more than 150 offices and is in the middle of a multi-year review of its office footprint. The new headquarters site is the first major decision in that process, according to a news release. The company says 5,000 of its 19,000 employees are based in the Washington, D.C., metro area.