Stanley Awarded $126 Million U.S. Army Field And Installation Readiness Support Team (FIRST) Task Order To Support Field Logistics Readiness Center
ARLINGTON, Va., April 6 /PRNewswire-FirstCall/ -- Stanley, Inc. (NYSE: SXE), a leading provider of systems integration and professional services to the U.S. federal government, today announced that it was awarded a three-year, cost-plus-fixed-fee contract valued at $126 million, with exercise of options, by the U.S. Army to provide support services to the Field Logistics Readiness Center (FLRC) at Fort Riley, Kan.
"We are honored to have the opportunity to provide logistics services for the Army Sustainment Command's Field Logistics Readiness Division operations at Fort Riley," said Tom Bruns, Stanley vice president. " Stanley has supported the FLRC network since 1998. We are proud of this relationship and look forward to continuing our support of the Army's readiness requirements through the Field Installation and Readiness Support Team contract."
Under the contract, Stanley will provide maintenance, supply, quality and production control services for Army systems as well as other professional logistics management services required for support of FLRC Fort Riley customers, including the Army's 1st Infantry Division. The team, which consists of Stanley, Eagle Support Services, Inc. and Orion Technology, Inc., will also perform maintenance on a wide variety of ground support systems, including automotive, power generation, weapons and communications.About Stanley Stanley (NYSE: SXE) is a provider of information technology services and solutions to U.S. defense, intelligence and federal civilian government agencies. Stanley offers its customers systems integration solutions and expertise to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational support, business process management, and advanced engineering and technology. Headquartered in Arlington, Va., the company has approximately 5,000 employees at over 100 locations in the U.S. and worldwide. Stanley has been recognized by FORTUNE magazine as one of the "100 Best Companies to Work For" from 2007 through 2009. Please visit www.stanleyassociates.com for more information. Any statements in this press release about our expectations about future financial performance, plans and prospects, including statements containing the words "estimates," "anticipates," "plans," "expects" and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors discussed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2009, as filed with the Securities and Exchange Commission (SEC), and additional filings we make with the SEC. In addition, the forward-looking statements included in this press release represent our views as of the date of this release. Except as required by law, we assume no obligation to update publicly or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise. SOURCE Stanley, Inc.
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