Air Force Awards $61 Million Contract to CSRA
FALLS CHURCH, Va., June 1, 2017 /PRNewswire/ -- The U.S. Air Force has awarded a five-year, $61 million contract to CSRA Inc. (NYSE: CSRA) for support of its global Intelligence, Surveillance, and Reconnaissance (ISR) Mission. The contract allows CSRA to continue its twenty year legacy providing support to the Department of Defense and the U.S. Air Force on this critically important ISR-enabling capability.
"For over twenty years, CSRA has provided critical services in support of ISR and the U.S. Air Force," said Executive Vice President Ken Deutsch, head of CSRA's Defense Group. "We're proud to continue this legacy and ensure their mission is completed with excellence and superior technology."
The contract will allow CSRA to provide engineering, systems integration, operational scheduling services, solutions, and budget & resources support to HQ United States Air Force Deputy Chief of Staff for ISR and the Air Combat Command Directorate of Plans and Programs. The period of performance for this effort, known as FIRE, is 5 years and will be performed at the Pentagon, Joint Base Langley-Eustis, Hanscom AFB, two other Continental United States locations, and two overseas locations.
About CSRA Inc.
CSRA (NYSE: CSRA) solves our nation's hardest mission problems as a bridge from mission and enterprise IT to Next Gen, from government to technology partners, and from agency to agency. CSRA is tomorrow's thinking, today. For our customers, our partners, and ultimately, all the people our mission touches, CSRA is realizing the promise of technology to change the world through next-generation thinking and meaningful results. CSRA is driving towards achieving sustainable, industry-leading organic growth across federal and state/local markets through customer intimacy, rapid innovation and outcome-based experience. CSRA has over 18,000 employees and is headquartered in Falls Church, Virginia. To learn more about CSRA, visit www.csra.com. Think Next. Now.
Forward-looking Statements
All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements represent CSRA's intentions, plans, expectations and beliefs, including statements about the total value realized by CSRA under the contract, the actual duration of and services delivered under the contract, the effects of the contract on our business and our ability to enhance mission capabilities of our customers. The forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside the control of CSRA. These factors could cause actual results to differ materially from forward-looking statements. For a written description of these factors, see the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in CSRA's most recent Annual Report on Form 10-K and any updating information in subsequent SEC filings. CSRA disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise.
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SOURCE CSRA Inc.
