SRX » Topics » Contract Awards

This excerpt taken from the SRX 8-K filed Nov 4, 2009.

Contract Awards

SRA won new business in the first quarter with potential value of $933 million, if all option years are exercised, for a book to bill ratio of 2.2. As of September 30, 2009, the company’s backlog of signed business orders was $4.5 billion, up 9% year-over-year, and the funded portion of backlog was $832 million.

Major highlights of competitive contract awards in the quarter include:

 

   

Federal Deposit Insurance Corporation (FDIC). SRA was awarded a recompete of our contract, under which we provide comprehensive enterprise-wide IT services for the FDIC. This represents the company’s largest contract, providing about 6% of revenue. The value of the new award is estimated at $457.8 million over five years, if all options are exercised.


   

Department of Homeland Security, Transportation Security Administration (TSA). The company won a task order under the EAGLE contract vehicle to monitor TSA’s IT enterprise and assess IT security threats. The task order value is $53.5 million over five years, if all options are exercised, and will provide core primary and failover security operations center (SOC) services for up to five years.

 

   

Cancer Prevention and Research Institute of Texas (CPRIT). The company was awarded a contract to provide scientific peer review support and grants management services. This is a new client for SRA and the contract is worth $16.2 million over five years, if all options are exercised.

This excerpt taken from the SRX 8-K filed Aug 12, 2009.

Contract Awards

SRA won new business in the third quarter with potential value of $434 million, if all option years are exercised. As of June 30, 2009, the company’s backlog of signed business orders was $4.1 billion, up 5% year-over-year, and the funded portion of backlog was $762 million.


Major highlights of competitive contract awards in the quarter include:

 

   

Classified Contract. SRA was awarded a $68 million contract in support of a classified customer.

 

   

Department of Defense, Joint Staff Information Network. The company won a 31-month, $63 million task order to provide systems integration services for the Pentagon’s Joint Staff Information Network. Awarded under the ENCORE II contract vehicle, the task order involves system and application upgrades, as well as communications infrastructure support.

 

   

Environmental Protection Agency (EPA). The EPA awarded SRA two recompete task orders under its Software Engineering and Specialized Scientific Support contract. The task orders have a combined value of $30 million and cover a range of technical and program support services.

SRA was also awarded several multiple-award, indefinite delivery, indefinite quantity (ID/IQ) contracts in the June quarter. ID/IQ wins are not included in the company’s quarterly bookings figure, but they provide a solid foundation for future growth.

 

   

U.S. Army, Program Executive Office Enterprise Information Systems (PEO EIS). PEO EIS named SRA one of the awardees of its Program Management Support Services-2 (PMSS-2) contract, which covers a variety services related to information technology and program support.

 

   

Department of Homeland Security (DHS), National Communications System (NCS). SRA was one of the prime contractors selected by DHS for a five-year ID/IQ contract with a combined ceiling value of $388 million. Task orders under this contract will involve support for emergency communications and operations.

This excerpt taken from the SRX 8-K filed May 7, 2009.

Contract Awards

SRA won new business in the third quarter with potential value of $805 million, if all option years are exercised. As of March 31, 2009, the company’s backlog of signed business orders was $4.2 billion, up 8% year-over-year. Funded backlog increased 3% year-over-year to $808 million.

Major highlights of competitive contract awards in the quarter include:

 

   

U.S. European Command (USEUCOM) and U.S. Africa Command (USAFRICOM). SRA was awarded a five-year, $216 million task order to provide communications and information technology services in support of USEUCOM and USAFRICOM. Based in Stuttgart, Germany, the program involves life cycle support for networks, software, command, control, communication and computer systems.


   

Government Accountability Office (GAO), Information Systems and Technology Services (ISTS) Phoenix Program. The company won a five-year, $117 million recompete task order to provide information technology (IT) infrastructure and software support for GAO. Under this program, SRA will continue to enhance the efficiency and security of GAO’s network infrastructure.

 

   

Naval Surface Warfare Center (NSWC), Indian Head Division. SRA was awarded a five-year, $40 million task order on the Seaport-e contract to provide command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) technology services for the NSWC.

 

   

U.S. Coast Guard. The Coast Guard awarded SRA a five-year, $30 million contract to continue its implementation of a human resources software system. The system went live in 2008 and serves over 50,000 Coast Guard military retirees and annuitants.

SRA was also awarded several multiple-award, indefinite delivery, indefinite quantity (ID/IQ) contracts in the March quarter. ID/IQ wins are not included in the company’s quarterly bookings figure, but they provide a solid foundation for future growth.

 

   

General Services Administration (GSA), Alliant. The company was awarded a prime position on the Alliant contract vehicle, which has a $50 billion ceiling value over ten years for all awardees. Administered by GSA, the contract will cover a full scope of IT services across the federal government.

 

   

U.S. Army, Program Executive Office for Simulation Training and Instrumentation (PEO STRI). SRA was one of the prime contractors selected for a ten-year, $17 billion Simulation and Training Omnibus Contract (STOC II) by PEO STRI. Task orders under the contract vehicle will involve life cycle management services for military training and testing systems.

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