SRA Announces FY10 2ndQ Numbers
SRA International, Inc. (NYSE: SRX) has announced operating results for the second quarter of fiscal year (FY) 2010, which ended December 31, 2009.
Revenue for the quarter was $413.5 million, up 12.0% from $369.3 million in the December 2008 quarter. All of the revenue growth was organic. Operating income for the quarter was $28.1 million, for [...]
What Makes A Good GovCon Acquisition?
The past week has seen at five major government contracting acquisitions announced. This begs the question: what makes a good govcon acquisition? What are the growth areas for govcon? Read on to find out.
DynCorp Purchases Casals & Associates
DynCorp is boosting its presence in U.S. foreign policy and international development priorities with its acquisition of Casals [...]
SRA Agrees to Buy PQA
SRA has agreed to acquire Perrin Quarles Associates (PQA), Inc., a privately held environmental consulting firm that specializes in environmental program development and implementation for air quality and climate change.
“PQA is a perfect complement to SRA’s environmental expertise and services,” said SRA President and CEO Stan Sloane. “PQA has a proven track record of exceeding [...]
SRA Announces Appointment of Rick Nadeau as Executive Vice President and Chief Financial Officer
SRA International, Inc. (NYSE: SRX), a leading technology and information consulting services firm announced today that Rick Nadeau will join the company as Executive Vice President and CFO. He will report to CEO Stan Sloane.
In his new role as EVP and CFO, Nadeau will oversee all financial operations, including corporate accounting, financial strategy, and [...]
SRA to upgrade air traffic control technology at FAA
In an effort to support small to medium sizes airports in the National Airspace System, SRA International Inc. will provide a low-cost ground surveillance system (LCGS) solution under a contract awarded by the Federal Aviation Administration. The five year IDIQ with a value in excess of $20 million will aid the FAA in reducing the [...]