SRA Gets Air Force Contract Valued At Up To $19M

FAIRFAX, Va. (AP) ¿ SRA International Inc. said Thursday it received a U.S. Air Force contract valued at up to $19 million over three years to design a system to improve the use of reconnaissance equipment and a weapons system.

The Fairfax, Va.-based technology and consulting company said the contract was awarded by the U.S. Air Force Deputy Chief of Staff for Intelligence, Surveillance and Reconnaissance.

Under the contract, SRA will develop a "one-stop source that will improve the planning, programming and operational employment" of reconnaissance equipment and the distributed common ground system.

The distributed common ground system is an Air Force weapon system that provides combat or other operational activity information to the Joint Task Force and commanders.

Shares of SRA rose 6 cents to close at $20.96.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Stocks

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

Why Starbucks Latest Data Reveal Should Worry Investors

Why Starbucks Latest Data Reveal Should Worry Investors

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High