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Press Release SRA Completes Acquisition of Galaxy Scientific Corporation FAIRFAX, Va., July 5 /PRNewswire-FirstCall/ SRA International, Inc.
(NYSE: SRX) a leading provider of information technology services and
solutions to the federal government, announced that it has completed its
acquisition of Galaxy Scientific Corporation, a privately-held provider of
systems engineering, information technology, and tactical communications
services and solutions to the federal government, effective July 1, 2005. Founded in 1988, Galaxy focuses on Command, Control, Communications,
Computers, and Intelligence (C4I) Tactical Systems; Information Assurance;
Information Technology; Training Systems; Engineering Support; and Safety and
Security Technologies. Galaxy serves customers throughout the federal
government, including the Department of Defense (DoD), Department of Homeland
Security (DHS), and the Federal Aviation Administration (FAA). Galaxy has
more than 450 employees; Revenue for the twelve months ended April 3, 2005 was
about $90 million 76% of which was for DoD and DHS customers. Renny DiPentima, SRA President and Chief Executive Officer, said, We
enthusiastically welcome the people of Galaxy to our company. Both companies
emphasize delighting our customers and taking care of our employees, and the
increased capabilities and geographical diversity will benefit the customers
and employees of our combined comp...
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