Business News
SI International Wins $11 Million Air Force Space Command SSA and C2 Modernization Contract
2008-07-17 07:37:00
RESTON, Va., July 17 /EMWNews/ -- SI International, Inc. (Nasdaq: SINT), an information technology and network solutions (IT) company, today announced that it has been awarded a contract to support the Headquarters Air Force Space Command Directorate of Requirements, Space Situational Awareness (SSA) and Command and Control (C2) Systems Division. The contract was awarded under the Contract Advisory and Assistance Services and Engineering and Technical Assistance (CAASETA) contract vehicle, and has a one-year base period with a one-year option period. The task order's value is approximately $11 million over two years, if all options are exercised. SI International will provide life-cycle planning, management, and engineering and technical assistance to Headquarters Air Force Space Command (AFSPC) for defining, developing, fielding, testing and sustaining their next generation Space Situational Awareness (SSA) and Command and Control (C2) capabilities, to include space, air, and missile elements. The Company will provide its industry-leading DoD Architecture Framework-compliant (DoDAF-compliant) enterprise architectures which utilizes state-of-the-art object-oriented/unified modeling language technology. SI International's work under this contract will be performed at Headquarters AFSPC, Peterson AFB, CO and at SI International's Colorado Springs, CO campus. Since 1996, SI International has served as a technical support contractor for the military space community, which includes Air Force Space Command (AFSPC), and North American Aerospace Defense Command (NORAD). In addition to SSA and C2 modernization support, SI International provides life-cycle Systems Engineering and Technical Assistance (SETA) support for AFSPC Space-Based Sensors Systems, Global Positioning Satellite Systems, Satellite Communications, and Missile Defense programs. "We are extremely honored with our selection by the Air Force Space Command to provide mission-critical SETA support," said Brad Antle, President and CEO of SI International. "SI International has industry-recognized expertise in space systems modernization, command and control systems, military space operations and missile defense that support the Air Force Space Command mission in defending the United States through the control and exploitation of space."
About SI International: SI International, a member of the Russell 2000 and S&P SmallCap 600 indices, is a provider of information technology and network solutions (IT) primarily to the federal government. The Company combines technology and industry expertise to provide a full spectrum of state-of-the-practice solutions and services, from design and development to documentation and operations, to assist clients in achieving their missions. SI International is ranked as the 44th largest Federal Prime IT Contractor by Washington Technology and has approximately 4,500 employees. More information about SI International can be found at http://www.si-intl.com. The above-referenced statements may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals, earnings guidance, estimated future stock option expenses and exercises, future share repurchases and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, which are described in the Company's filings with the Securities and Exchange Commission. These risks and uncertainties include: differences between authorized amounts and amounts received by the Company under government contracts; government customers' failure to exercise options under contracts; changes in federal government (or other applicable) procurement laws, regulations, policies and budgets; the Company's ability to attract and retain qualified personnel; and the important factors discussed in the Risk Factors section of the annual report on Form 10-K filed by the Company with the Securities and Exchange Commission and available directly from the Commission at http://www.sec.gov. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact: Alan Hill VP, Corp. Communications 703-234-6854 [email protected]
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