SRA International subsidiary awarded $57 million contract by Federal Aviation AdministrationBy AP
Monday, July 12, 2010
SRA International unit awarded $57M FAA contract
FAIRFAX, Va. — SRA International Inc. on Monday said a subsidiary was awarded a $57 million contract by the Federal Aviation Administration.
The company’s Systems Research and Applications Corporation won the five-year deal to provide research and development services to the FAA William J. Hughes Technical Center in Atlantic City, N.J.
The work will involve the areas of airport pavement design and testing; aircraft rescue and fire fighting; wildlife hazards; bird strike mitigation, and runway surface technology. SRA will also provide services in airport capacity analysis and planning, visual guidance and lighting technologies and materials testing.
SRA shares closed Monday trading down 6 cents at $20.37. The stock has traded between $16.57 and $24 in the past 52 weeks.
Tags: Contracts And Orders, Fairfax, North America, United States, Virginia