SRA Awarded $13.6M Contract with Department of Defense
December 20 2006 - 8:30AM
PR Newswire (US)
Company to Continue to Provide Technical and Analytical Services to
DoD's TRICARE Management Activity FAIRFAX, Va., Dec. 20
/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 competitive task order by the U.S. Department
of Defense (DoD) TRICARE Management Activity (TMA). SRA will
provide technical and analytical services to help TMA improve the
efficiency and effectiveness of Military Health System operations,
management, and health care data quality maintenance. The task
order, awarded under the General Services Administration Federal
Supply Schedule, has an estimated value of $13.6 million over five
years if all options are exercised. The Office of Business and
Economic Analysis (BEA) of the TRICARE Management Activity supports
performance-based decision-making and program execution throughout
the Military Health System. SRA has supported the BEA office for
the past 13 years with analytical and data research and health and
fiscal policy development. Under this new contract, SRA will
continue recent work in bio-statistical, financial, workload, and
manpower studies and analysis. Services will include program
management; health policy and data analysis; DoD beneficiary
analysis; and curriculum development for educational courses. "SRA
is a long-time partner of the DoD health community, and we look
forward to continuing this important work," said Tony Valletta, SRA
Senior Vice President and Director, Defense Sector. "Our analysts
and data experts will use the proven methodologies and approaches
we have developed to help evaluate the changing operational
environment of the Military Health System." 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 contingency and disaster response planning,
information assurance, business intelligence, environmental
strategies, enterprise architecture, infrastructure management, and
wireless integration. FORTUNE(R) magazine has chosen SRA as one of
the "100 Best Companies to Work For" for seven consecutive years.
The Company's 5,100 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 and other multiple-award
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 November 3, 2006. In addition, the
forward-looking statements included in this press release represent
our views as of December 20, 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
December 20, 2006. DATASOURCE: SRA International, Inc. CONTACT:
Laura Luke of SRA International, Inc., +1-703-803-1856, or Laura_
Web site: http://www.sra.com/
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