SRA Awarded Contract With Defense Advanced Research Projects Agency
July 26 2004 - 9:01AM
PR Newswire (US)
SRA Awarded Contract With Defense Advanced Research Projects Agency
Company to Support DARPA's Tactical Technology Office With
Technical and Program Support Services FAIRFAX, Va., July 26
/PRNewswire-FirstCall/ -- SRA International, Inc. (NYSE:SRX), a
leading provider of information technology (IT) services and
solutions to federal government organizations, announced today that
it has been awarded a contract by the Defense Advanced Research
Projects Agency (DARPA). SRA will provide a broad range of
technical and program support services to DARPA's Tactical
Technology Office (TTO). The contract, awarded under the General
Services Administration Professional Engineering Services Schedule,
has an estimated value of $19.9 million over five years if all
options are exercised. DARPA is the central research and
development organization for the Department of Defense. The DARPA
TTO is responsible for planning, implementing, and managing
programs in advanced military research that emphasize system and
subsystem approaches to technology development, particularly for
unmanned, space and land systems. Under this contract, SRA will be
responsible for assisting TTO in strategic planning and evaluating
relevant technologies developed by industry, universities, and
military laboratories. SRA services will also include business
financial management, Web development and maintenance of internal
and external DARPA Web sites, and archive management. "The SRA team
has extensive experience providing technology, analytical, and
information management services to DARPA," said Tony Valletta, SRA
Senior Vice President and Director, Command and Control,
Communications and Intelligence Sector. "We understand the
organization's critical mission and its reliance on leading edge
technologies." 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 operations management -- to
clients in national security, health care and public health, and
civil government markets. The Company also delivers business
solutions for text and data mining, contingency and disaster
response planning, information assurance, environmental strategies,
conflict management and dispute resolution, enterprise systems
management, and wireless integration. FORTUNE(R) magazine has
chosen SRA as one of the "100 Best Companies to Work For" for five
consecutive years. The Company's 3,400 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 Annual Report on Form 10-K for the
fiscal year ended June 30, 2003 filed with the Securities and
Exchange Commission (SEC) on September 29, 2003 and our latest
quarterly report on Form 10-Q filed with the SEC on May 6, 2004. In
addition, the forward-looking statements included in this press
release represent our views as of July 26, 2004. 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 26, 2004. 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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