U.S. Agency for International Development Awards $125M Contract to SRA
May 01 2006 - 2:19PM
PR Newswire (US)
Company Wins Single Award, Blanket Purchase Agreement, to Support
Office of Economic Growth, Agriculture and Trade FAIRFAX, Va., May
1 /PRNewswire-FirstCall/ -- SRA International, Inc. (NYSE:SRX), a
leading provider of technology and strategic consulting services
and solutions to federal government organizations, announced that
it has been awarded a General Services Administration Federal
Supply Schedule Blanket Purchase Agreement by the U.S. Agency for
International Development (USAID). The Company will provide a broad
range of information technology and advisory services to support
the USAID Office of Economic Growth, Agriculture and Trade (EGAT).
The single award, five-year contract has a maximum dollar value of
$125 million. USAID is the federal agency that promotes economic
growth in the developing world, extends assistance to countries
recovering from disasters, and supports the development of
democracies around the world. EGAT has lead responsibility for
technical leadership and field support in economic growth, the
environment, engineering, energy, and information technology. Under
this contract, SRA will support EGAT's efforts to establish an
effective, efficient, and comprehensive mechanism to provide
information and communication technology support for development
across the Agency. SRA services will include network design and
implementation, application development, technology assessments,
information communications technology policy development and
implementation, strategic consulting, portfolio management, project
design and implementation, technology transfer, and a wide range of
information communications technology related activities for the
developing world. The SRA team includes fifteen companies,
consultants, and universities. "The SRA team brings strong
technical skills, international development expertise, and
extensive knowledge of the EGAT mission to this contract," said
Renny DiPentima, SRA President and CEO. "We are proud of the
insights we have gained from our past work with the program and
remain dedicated to continually improving how we assist EGAT in
serving its customers across USAID." About SRA International, Inc.
SRA is a leading provider of technology and strategic consulting
services and solutions -- including 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, enterprise architecture, 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 seven consecutive years. In 2005,
BusinessWeek selected SRA as one of its "Hot Growth" companies and
as an Info Tech 100 Company. The Company's 4,900 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 Securities and Exchange Commission on February 2,
2006. In addition, the forward-looking statements included in this
press release represent our views as of May 1, 2006. 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 May 1, 2006. DATASOURCE: SRA International, Inc.
CONTACT: Laura Luke of SRA International, Inc., +1-703-803-1856,
Laura_ Web site: http://www.sra.com/
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