5-year contract has potential value of $6.75 million
NEWPORT BEACH, Calif., Feb. 29 /PRNewswire/ -- SM&A Corporation
(Nasdaq: WINS), a leading IT systems solutions provider, was awarded a
scientific and technical services subcontract with a potential value of
$6.75 million from Science Systems and Applications, Inc. (SSAI) of Lanham,
Md. The award was the result of a successful proposal by the SSAI/SM&A team
to NASA/Goddard Space Flight Center's Earth Sciences Directorate, Climate and
Radiation Branch. SM&A's Systems Solutions Group (SSG), Space Sciences
Division will perform the work.
SM&A will deliver IT services over the life of the five-year contract,
including: software development, data management, network administration
services and modeling. SM&A will also provide scientific analysis.
Commenting on the award, SM&A President and Chief Operating Officer
Michael Piraino stated, "Our Systems Solutions Group has grown its workforce
through a combination of organic and acquired business activities more than
80% from a year ago. They have maintained an excellent degree of customer
satisfaction on some of the most technically complex projects in the world of
science."
"This contract builds on our strong heritage and outstanding scientific
staff to provide high quality services to NASA space programs," said Andy
Endal, Vice President of the SM&A Space Sciences Division within SSG. Under
the new contract, SM&A will support research in scientific algorithms for
processing data from the Terra satellite, launched in December 1999, and
modeling to improve understanding of regional and global climates for the NASA
Earth Observing System (EOS) program. SM&A scientists will work with NASA and
SSAI on field campaigns to validate data products from current spacecraft
instruments, and develop remote sensing techniques for future space missions.
About SM&A
With more than 840 highly talented employees, SM&A provides high-end
systems engineering, program integration, information technology and
integrated proposal management 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. 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 World Wide Web at
http://www.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://www.smawins.com
CONTACT:
Media, Michael Piraino, President and COO,
949-975-1550, or Sue Parsons, 703-641-7107, both of SM&A
Corporation
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