U.S. Department of Defense Awards $15.9M Contract to SRA Company to Provide Systems Engineering and Technical Support Services to DoD Defense Research and Engineering FAIRFAX, Va., July 18 /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 provide systems engineering and technical assistance services to the Department of Defense (DoD) Office of the Director of Defense Research and Engineering (DDR&E). GovWorks awarded the contract under the Professional Engineering Services (PES) and Management, Organizational and Business Improvement Services (MOBIS) Federal Supply Schedules. It has an estimated value of $15.9 million over five years if all options are exercised. DDR&E is responsible for providing oversight of research and engineering to help solve current and future challenges for DoD. Since 1994, SRA has supported DDR&E with a broad range of IT and program support. Under this new contract, SRA services will include program management; information management including database development and administration; financial management; and liaison with governmental and non-governmental agencies. The SRA team includes AT&T Government Solutions; Axiom Resource Management; CEXEC, Inc.; Modern Technology Solutions, Inc.; Schafer Corporation; Strategic Applications, Inc.; and Trenchant Analytics, LLC. "We look forward to continuing our successful working relationship with DDR&E," said David Kriegman, SRA Chief Operating Officer. "Our team is continuing its support of DDR&E's nationally critical mission with highly specialized technical, financial, and programmatic assistance and analysis of research and engineering projects." 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 4,600 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 July 18, 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 July 18, 2005. DATASOURCE: SRA International, Inc. CONTACT: Laura Luke of SRA International, Inc., +1-703-803-1856, Web site: http://www.sra.com/

Copyright

Sra (NYSE:SRX)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Sra Charts.
Sra (NYSE:SRX)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Sra Charts.