Stanley Wins $11 Million In Awards With Department Of The Navy And Naval Sea Logistics Center
ARLINGTON, Va., July 21 /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 multi-year contracts valued at $11 million by the Department of the Navy and the Naval Sea Logistics Center (NSLC).
Under the award from the Department of the Navy, a five-year, time-and-materials contract valued at $5 million, with exercise of options, Stanley will provide ongoing software development, integration testing and user training of the company's MoVer software suite. The MoVer software is used by the Army Special Forces (SF) community as a radio e-mail platform and is designed to allow the user to send and receive e-mail messages via radio transmissions in a reliable, secure and intuitive manner, as well as manage an entire network of radio systems from a central location. The MoVer software is developed, tested, implemented and upgraded by Stanley. The team also provides customer support to users on the ground worldwide."We are proud of the applicability of our MoVer software for the Army Special Forces community," said Randy Brooks, Stanley senior vice president. "The open source code, hardware agnostic design and ongoing formal user training appear to be the right fit for the SF communications sector." Under the NSLC award, a two-year, time-and-materials contract valued at $6 million, Stanley will provide engineering, technical and program management services in support of full lifecycle engineering for projects assigned to the Logistics Special Projects Office of the NSLC. "Stanley is honored to be selected to continue our support of the Naval Sea Logistics Center," said Laurie Carter, Stanley vice president. "We look forward to providing comprehensive engineering, technical and program management services for the Logistics Special Projects Office." The Naval Sea Logistics Center serves as the Naval Sea Technical Agent for developing, maintaining and assessing lifecycle logistics support policies, procedures and data systems. Stanley will support logistics readiness reviews and assessments, configuration management, manpower personnel and training analyses, supply support, maintenance planning and design interface, facility requirements analysis, documentation support, and support and test equipment logistics services. The work will take place at multiple locations, including the District of Columbia, Baltimore, Md., Norfolk, Va., and Pearl Harbor, Hawaii. 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, 2010, 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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