NEWPORT BEACH, Calif., Jan. 10 /PRNewswire/ -- SM&A Corporation's
(Nasdaq: WINS) Systems Solutions Group (SSG) has been awarded funding under
two contracts for continued support to the United States Air Force
Experimentation program.
One contract is for direct support of the Air Force Experimentation Office
(AFEO) in planning, conducting, and assessing the Joint Expeditionary Force
Experiment. SM&A's Federal Services Division has been involved with this
office since it was established in 1997, providing operational experts in
support of the first annual large-scale USAF experiment, Expeditionary Force
Experiment (EFX) 1998. This support continued as the experiment evolved into
Joint Expeditionary Force Experiment (JEFX 1999). The new contract is for one
year with four one-year options. The total value of the contract over the
five years is in excess of $4 million.
The second effort is a one-year, $895,000 extension to an existing
contract with the Command and Control Training and Innovation Group (C2TIG)
headquartered at Hurlburt Air Force Base, FL. The C2TIG is the Execution
Agent for the USAF Experimentation Program. SM&A's on-site team will continue
to assist the C2TIG in executing the annual large-scale USAF experiment
through extensive planning and coordination with the operational major
commands (MAJCOMs), sister services, agencies and allied forces that
participate.
"These contract awards recognize SM&A's proven expertise in
experimentation support," said Dave Britt, Vice President of SM&A's SSG
Federal Services Division. "By building on these capabilities, they will
ensure that the USAF Joint Experiment program will build on its record of
successful experiments, expand its scope, continue to evolve, and incorporate
more opportunities to enhance joint warfighting capabilities."
About SM&A
With over 780 highly talented employees, SM&A provides integrated proposal
management, high-end systems engineering, program integration and information
technology products and services to aerospace, defense, communications, and
engineering companies. Statements herein concerning the company's growth and
strategies may include forward-looking statements. The company's actual
results may differ materially from those suggested as a result of various
factors, including, without limitation, the Company's ability to recruit and
retain qualified technical personnel identify, acquire, and integrate suitable
acquisition candidates; obtain sufficient working capital to support such
growth; and compete successfully with existing and future competitors.
Interested parties should refer to the disclosure set forth under the caption
"Risk Factors" and elsewhere in the company's Form 10-K for the year ended
December 31, 1998 and 10-Q for the quarter ended September 30, 1999, for
additional information regarding risks affecting the company's financial
condition and results of operations. Additional information on SM&A is now
available via the Internet's World Wide Web at http://smawins.com . For more
investor information via facsimile, please call 1-800-PRO-INFO and enter
client code SM&A.
SOURCE SM&A Corporation
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Related links:
http://smawins.com
CONTACT:
Michael A. Piraino, President and COO,
949-975-1550, or Susan Parsons, Vice President of Business
Development, 703-641-7107, both of SM&A Corporation
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