FAIRFAX, Va., Aug. 12, 2014
SRA Wins $96 Million Contract to Upgrade and Improve U.S. Navy Integrated Pay and Personnel System
SRA International, Inc., a leading provider of IT solutions and professional services to government organizations, today announced that the U.S. Navy Space and Naval Warfare Systems Command (SPAWAR), Sea Warrior Program (PMW 240) has awarded the company a $96 million cost-plus-fixed-fee, single award IDIQ contract along with initial task orders, to provide development, modernization, sustainment and upgrades of personnel systems.
SRA will upgrade and modernize the existing Navy Standard Integrated Personnel System (NSIPS), while integrating legacy systems in support of the enterprise Navy Integrated Pay and Personnel System (IPPS-N) strategy to reduce both complexity and the overall cost of systems supporting Navy personnel and pay. The work will be performed primarily in New Orleans, Louisiana, and is expected to be completed by June 2019.
Executive Vice President of SRA's National Security Group George Batsakis commented on the win, "SRA is a dedicated mission partner delivering IT and professional services to help the U.S. Navy meet its operational challenges. We are pleased to bring the full breadth of our military ERP program experience expertise to bear, helping the Navy integrate their personnel and pay systems so that they may direct 100% of their focus on their national security mission."
About SRA International, Inc.
At SRA we combine our creativity, mission experience, technology acumen and domain expertise to deliver innovative IT solutions and professional services to address the toughest mission and operational challenges faced by U.S. government agencies. We are inspired by our customers' missions and strive to provide the best people, working together to generate the best ideas, to deliver the best possible performance - all driven by our enduring values of Honesty and Service®. SRA was founded in 1978. We are headquartered in Fairfax, VA and employ approximately 5,200 professionals operating at home and overseas. Learn more about SRA at www.sra.com.
Any statements in this press release that are not historical data or information constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to factors and risks that could cause actual results to differ materially from the results SRA anticipates. Some of these factors are set forth in Item 1A of SRA's Form 10-K for its latest fiscal year ended June 30, 2014, and subsequent filings made by SRA with the Securities and Exchange Commission. While SRA may elect to update forward-looking statements at some point in the future, the company specifically disclaims any obligation to do so except as required by law. These forward-looking statements should not be relied upon as representing SRA's views as of any date subsequent to the date of this press release.
SOURCE SRA International, Inc.
CONTACT: Lauren Peduzzi, Director, Communications, 703-803-1883, lauren_peduzzi@sra.com
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