At a Glance
â€œSRAers walk the corporate talk of honesty and serviceâ€
â€œThe company encourages you to have a career, not a jobâ€
â€œThe federal government is, in general, a really good, recession-proof customerâ€
Strong emphasis on community service
â€œSometimes it's like we're in that awkward teenage periodâ€”too old to be cute and too young to be beautifulâ€
Little communication from upper management about the firm's direction
â€œNot enough cross-pollination between major sectorsâ€
â€œThe firm tends to keep poor performers around long after they should have been firedâ€
"Big government-only player"
"Excellent project management and support"
"Rests on its laurels"
About SRA International, Inc.
SRA founder Ernst Volgenau began his career in the military. An Air Force lieutenant, he spent the 1960s and 1970s working as an analyst in the Office of the Secretary of Defense, performing weapons system and command structure analyses. Later, after gaining experience with computer program management and database development, Volgenau was named director of data automation for the Air Force Logistics Command. After retiring from the military in 1976, Volgenau decided he had more work to do: He founded Systems Research and Applications Corporation in 1978, and operated the company from his basement. Within a month, Volgenau had hired his first employee.
Systems Research and Applications Corporation was reincorporated as SRA International in 1984, and its initial public offering in 2002 brought in $90 million. Today, Volgenau serves as board chairman, while president and CEO Stanton “Stan” Sloane oversees daily operations. Students at George Mason University’s School of Information Technology and Engineering know Volgenau as the man whose name is on their building; in 2005 the IT school was renamed the Volgenau School of IT&E, in recognition of a $10 million donation from Volgenau and his wife Sara, the largest individual contribution in George Mason’s history.
Big in the Beltway
SRA serves just three types of clients: national security (including defense and military service organizations, law enforcement, intelligence and public safety agencies), civil government and global health organizations, both public and private. The firm’s 6,900 professionals work in 50 offices across Europe and North America. A favorite SRA boast? The firm has been profitable every year since it was founded, with average annual growth of 15 percent. It’s also been named to Fortune magazine’s 100 Best Companies to Work For list for 10 consecutive years, ranking No. 99 in 2008 and No. 100 in 2009.
Over the years, SRA has expanded its reach by making several strategic acquisitions. In 2004 it purchased California-based ORION Scientific Systems, a counterintelligence and counterterrorism consulting firm; in 2005 it picked up Spectrum Solutions Group, Galaxy Scientific Corporation and the Touchstone Consulting Group (which now operates as SRA Touchstone, a wholly-owned SRA subsidiary). RABA Technologies, a Maryland firm that specialized in systems integration and operational support for federal intelligence agencies, became part of SRA in late 2006.
Stan Sloane took over as president and CEO in 2007, when longtime chief Renny DiPentima retired. When he began his tenure, Sloane announced a five-year growth plan for the firm. His goal: Annual growth of 30 percent, and total revenue of $5 billion by 2012. To that end, Sloane led the $185 acquisition of Constella Group in August 2007. The purchase of the health intelligence and IT services firm was the biggest in SRA’s history. But an overall growth plan won’t necessarily stop after five years; Sloane told Washington Technology that his five-year goals represented a midpoint, adding, “I don’t believe the drive for growth ever stops.”
4350 Fair Lakes Court
Fairfax, VA 22033
Phone: (703) 803-1500
Employer Type: Public
Stock Symbol: SRX
Stock Exchange: NYSE
President &CEO: Stanton D. Sloane
2010 Employees (All Locations): 7,000
San Diego, CA
Colorado Springs, CO
Fort Walton Beach, FL
Warner Robins, GA
Fairview Heights, IL
Lexington Park, MD
Mount Arlington, NJ
Egg Harbor Township, NJ
New York, NY
San Antonio, TX
Falls Church, VA
Newport News, VA