SRA International (SRX)

SRA International, Inc., a leading provider of technology and strategic consulting services and solutions to government organizations, today announced that it has been selected by the Federal Aviation Administration (FAA) as one of the awardees for its EnRoute Technical Assistance Support Services (ETASS) program. SRA’s contract is valued at roughly $388 million, if all options are exercised, and covers three base years plus two options for two years each.

The ETASS contract provides for engineering, program management and technical support services in support of FAA existing and future National Airspace System (NAS) programs, including NextGen initiatives. SRA and its teammates will support operations in the Program Management Office (PMO) within the FAA's Air Traffic Organization (ATO). The SRA team will provide a diverse set of support services while providing a broad range of skills, assisting the FAA in both maintaining existing legacy programs and modernizing its air traffic management systems.

“SRA’s heritage as a support contractor to the FAA dates back to 1989, delivering proven solutions for complex systems integration engineering, research and development and next generation cyber security technologies,” said SRA Senior Vice President Steve Tolbert. “This SRA-led team provides the experience and innovative technology necessary to help the FAA accelerate its NextGen plan and to ensure the safety and efficiency of the American airspace. We are turning our immediate attention to providing a seamless transition for the FAA, and hope to further expand and grow our rich partnership with the FAA through the ETASS program.”

The SRA team is made up of Base-2, Inc; Computer Sciences Corporation; CTA, Inc; Human Solutions, Inc.; Integrated Financial Analysts, Inc.; IntePros Consulting; Interim Solutions for Government; JMA Solutions; NATS (USA) Inc.; and Veracity Engineering.

About SRA International, Inc.

SRA is dedicated to solving complex problems of global significance for government organizations serving the national security, civil government, health, and intelligence and space markets. Founded in 1978, the company has expertise in such areas as cyber security; disaster response planning; enterprise resource planning; environmental strategies; energy systems and sustainability; IT systems, infrastructure and managed services; learning technologies; logistics; public health preparedness; public safety; strategic management consulting; and systems engineering.

SRA employs approximately 7,000 employees serving clients from its headquarters in Fairfax, Va., and offices around the world. For additional information on SRA, please visit www.sra.com.

Forward-Looking Statement

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. Factors or risks that could cause our actual results to differ materially from the results we anticipate include, but are not limited to: (i) reduced spending levels and changing budget priorities of our largest customer, the United States federal government, which accounts for more than 90% of our revenue; (ii) failure to comply with complex U.S. government procurement-related laws and other regulations, including but not limited to, punitive damage liabilities under the False Claims Act and other laws, and financial incentives under so-called “whistleblower” statutes, awarding the whistleblower with a percentage of the recovery if the claims are successfully waged; (iii) possible delays or overturning of our government contract awards due to bid protests by competitors or loss of contract revenue or diminished opportunities based on the existence of organizational conflicts of interest; (iv) entry into new markets or incurring liabilities in hazardous areas; (v) failure to comply with laws such as the Foreign Corrupt Practices Act or regulations on government gratuities; (vi) failure to comply with Federal Acquisition Regulations and Cost Accounting Standards or the Fair Labor Standards Act; (vii) security threats, attacks or other disruptions on our information infrastructure, and failure to comply with complex network security and data privacy legal and contractual obligations or to protect sensitive information; (viii) any violation of third party intellectual rights; (ix) adverse changes in federal government practices such as insourcing; (x) delays in the U.S. government adopting appropriations necessary for program funding and future appropriation uncertainties adversely impacting customer spending plans; (xi) intense competition to win U.S. government contracts or recompetes and commoditization of services we offer; (xii) failure to obtain option awards, task orders or funding under contracts, or inability to successfully execute awarded contracts; (xiii) any adverse results of audits and investigations conducted by the Defense Contract Audit Agency or any of the Inspectors General for various agencies with which we contract, including, without limitation, any determination that our contractor business systems or contractor internal control systems are deficient; (xiv) difficulties accurately estimating contract costs and contract performance requirements; (xv) challenges in attracting and retaining key personnel or high-quality employees, particularly those with security clearances; and (xvi) adverse impact on employee and customer relations from media speculation regarding the company and its future ownership and operations.

Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of Feb. 22, 2012. 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 Feb. 22, 2012.