Peraton Announces Solers Acquisition and TAS Contract for U.S.-Mexico Border

Peraton, a portfolio company of Veritas Capital, has entered into a definitive agreement to acquire Solers, Inc., a provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions.

The Solers acquisition will help Peraton to deliver space protection and resiliency solutions that directly support mission objectives and critical national security initiatives. The combined capabilities will enable Peraton to expand its offerings that address the growing complexity of customer mission needs across both national security and civilian agency space and ground programs.

Investment bank KippsDeSanto acted as the financial advisor to Solers for this acquisition. Macquarie Capital acted as financial advisor to Peraton.

Following the acquisition statement, Peraton announced that it has been awarded the Tactical Aerostat Systems (TAS) contract in support of the U.S. Department of Homeland Security (DHS), Customs and Border Protection (CBP), and U.S. Border Patrol, under the U.S. General Services Administration’s One Acquisition Solution for Integrated Services vehicle.

The five year contract, valued at $185.8M, is comprised of one base with four option years.

Under the TAS program, Peraton will help provide round-the-clock regional domain awareness and long-range persistent ground surveillance along the United States–Mexico border. Operating from sites across the Rio Grande Valley in Southeast Texas, TAS are strategically used to enhance mission coverage by maintaining surveillance of challenging terrain and over-the-horizon situations, enabling USBP to detect, identify, classify, and track cross-border activity.

 

Kylie Bielby has more than 20 years' experience in reporting and editing a wide range of security topics, covering geopolitical and policy analysis to international and country-specific trends and events. Before joining GTSC's Homeland Security Today staff, she was an editor and contributor for Jane's, and a columnist and managing editor for security and counter-terror publications.

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