June 20, 2023
As a veteran of the government market, Stu Shea has been an architect of more than his fair share of big deals.
In 2013, Shea helped oversee the split of the original Science Applications International Corp. into what is now SAIC and Leidos.
Now as CEO of Peraton, Shea led the closure of two blockbuster acquisitions within a few weeks of each other: the Northrop Grumman IT business and Peraton. Those deals took Peraton from around $1 billion in annual revenue to $7 billion almost overnight.
Stu Shea, the chairman, president and CEO of Peraton, shares how the company’s strategy has changed because of the acquisitions of Perspecta and the IT business of Northrop Grumman. He offers insights on what private equity means in the government market and what might be next for the company. Along the way he offers lessons in leadership and management of a large multi-faceted organization.
Shea sat for an on-stage Q&A as part of our Top 100 Big Breakdown event on June 6. Peraton ranks No. 9 on the 2023 rankings with $4.4 billion in prime contract obligations.