U.S. Department of Transportation Federal Aviation Administration Awards Financial Management Line of Business Center of Excelle
June 29 2005 - 7:45AM
PR Newswire (US)
U.S. Department of Transportation Federal Aviation Administration
Awards Financial Management Line of Business Center of Excellence
Support Contract to SRA Company Teams with DOT FAA Enterprise
Service Center to Provide Financial Management Services to Federal
Government Agencies FAIRFAX, Va., June 29 /PRNewswire-FirstCall/ --
SRA International, Inc. (NYSE:SRX), a leading provider of
information technology (IT) services and solutions to federal
government organizations, announced that it has been awarded a
competitive contract to support the Department of Transportation
Federal Aviation Administration Enterprise Service Center's (DOT
FAA ESC's) Financial Management Line of Business Center of
Excellence. The contract was awarded under the Chief Information
Officer Solutions and Partners 2 Innovations (CIO-SP2i) contract.
The maximum dollar value of all task orders awarded to SRA under
the six-year contract is $97 million. The DOT FAA ESC was recently
designated as a federal cross-agency service provider for financial
management services. SRA will work with ESC to create a strategic
plan for the Center of Excellence, develop a framework for
executing projects, and implement enterprise resource planning
solutions using the Oracle Federal Financials enterprise software
suite. The SRA team includes IBM; Spectrum Solutions Group, Inc.;
and Vigotsky & Associates, L.L.C. "We look forward to teaming
with DOT FAA to define a vision for this Center of Excellence,
develop an organizational structure to support that vision, and
provide the technical services needed to successfully implement
financial management systems across the federal government," said
Kathy Adams, SRA Senior Vice President and Director, Civil Sector.
About SRA International, Inc. SRA is a leading provider of
information technology services and solutions -- including
strategic consulting; systems design, development, and integration;
and outsourcing and managed services -- to clients in national
security, civil government, and health care and public health
markets. The Company also delivers business solutions for text and
data mining, contingency and disaster response planning,
information assurance, environmental strategies, enterprise systems
management, and wireless integration. FORTUNE(R) magazine has
chosen SRA as one of the "100 Best Companies to Work For" for six
consecutive years. In 2005, BusinessWeek selected SRA as one of its
"Hot Growth" companies and as an Info Tech 100 Company. The
Company's 4,100 employees serve clients from its headquarters in
Fairfax, Virginia, and offices across the country. For additional
information on SRA, please visit http://www.sra.com/. Any
statements in this press release about future expectations, plans,
and prospects for SRA, including statements about the estimated
value of the contract and work to be performed, and other
statements containing the words "estimates," "believes,"
"anticipates," "plans," "expects," "will," and similar expressions,
constitute forward-looking statements within the meaning of The
Private Securities Litigation Reform Act of 1995. Actual results
may differ materially from those indicated by such forward-looking
statements as a result of various important factors, including: our
dependence on our contracts with federal government agencies,
particularly within the U.S. Department of Defense, for
substantially all of our revenue, our dependence on our GSA
schedule contracts and our position as a prime contractor on
government-wide acquisition contracts to grow our business, and
other factors discussed in our latest quarterly report on Form 10-Q
filed with the SEC on May 2, 2005. In addition, the forward-looking
statements included in this press release represent our views as of
June 29, 2005. We anticipate that subsequent events and
developments will cause our views to change. However, while we may
elect to update these forward-looking statements at some point in
the future, we specifically disclaim any obligation to do so. These
forward- looking statements should not be relied upon as
representing our views as of any date subsequent to June 29, 2005.
DATASOURCE: SRA International, Inc. CONTACT: Laura Luke of SRA
International, Inc., +1-703-803-1856 or Web site:
http://www.sra.com/
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