Era Selected for Two Oman Surveillance Solutions
24 6월 2011 - 6:01AM
Business Wire
Era a.s., a subsidiary of SRA International, Inc. (NYSE: SRX),
today announced it has been selected by the Oman Civil Aviation
Authority to deploy two multilateration surveillance solutions in
Oman. The systems will be installed at the Muscat and Salalah
airports, under a contract by Northrop Grumman Park Air Systems.
The contract, awarded by Indra Sistemas, forms part of the
nationwide air traffic management modernization and upgrade program
for the Directorate General of Meteorology and Air Navigation
Services in Oman.
Muscat International Airport, Oman’s principal international
airport is currently undergoing a large infrastructure enhancement
project in order to cope with the increased air traffic the airport
has seen over the past decade. Between 2000 and 2010, movements at
the airport have nearly doubled from 36,082 to 67,160 and are
expected to grow at an expedited pace over the next decade, due in
large part to a rapidly growing hub airline. Similar to Muscat
Airport, Salalah Airport, the nation’s second busiest, has also
seen tremendous growth, going from serving 182,000 passengers in
2000 to 455,000 in 2010 and, like Muscat, expects large future
growth.
Era’s next-generation surveillance solution was chosen for its
ability to adapt to the significant changes that will occur at each
of these airports, and to ensure that the surface operations run
safely and efficiently both during and after the infrastructure
enhancement projects.
"Oman's selection of Era's MSS solution marks the second major
Era acquisition in the region and further establishes Era as the
Middle East’s next generation surveillance solution provider of
choice,” said Era Systems Corporation Senior Vice President Kevin
Layton. “MSS is a scalable and reconfigurable solution, allowing
for the comprehensive surveillance of an ever-changing airport
surface. This makes it the ideal choice for the rapidly growing
airports in Oman.”
Era a.s. provides cost effective next-generation air traffic
management tools that address core challenges like safety,
efficiency, profitability and functionality. Its innovative use of
proven next-generation technologies, like multilateration and
ADS-B, help air navigation service providers (ANSPs) and airport
operators ease capacity constraints; improve airspace and ground
space efficiencies; and reduce costs.
About SRA International, Inc.
SRA and its subsidiaries are dedicated to solving complex
problems of global significance for government organizations and
commercial clients serving the national security, civil government,
health, and intelligence and space markets. Founded in 1978, the
company and its subsidiaries have expertise in such areas as air
surveillance and air traffic management; cyber security; disaster
response planning; enterprise resource planning; environmental
strategies; IT systems, infrastructure and managed services;
learning technologies; logistics; public health preparedness;
public safety; strategic management consulting; and systems
engineering.
SRA and its subsidiaries employ approximately 7,000 employees
serving clients from its headquarters in Fairfax, Va., and offices
around the world. For additional information on SRA, please visit
www.sra.com.
Any statements in this press release about future expectations,
plans, and prospects for SRA, including statements about the
merger, the estimated value of the contract and work to be
performed, and other statements containing the words "estimates,"
"believes," "anticipates," "plans," "expects," "will," and similar
expressions, constitute forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995.
Factors or risks that could cause our actual results to differ
materially from the results we anticipate include, but are not
limited to: (i) the inability to complete the acquisition of
SRA (the "Merger") by an affiliate of Providence Equity Partners
LLC ("Providence") due to the failure (a) to obtain the
requisite stockholder approvals for the Merger contemplated by the
merger agreement; (b) to satisfy other conditions to the
completion of the Merger contemplated by the merger agreement,
including that a governmental entity may prohibit, delay or refuse
to grant approval for the consummation of the transaction; or
(c) to obtain the necessary financing arrangements set forth
in the debt and equity commitment letters delivered pursuant to the
merger agreement; (ii) the outcome of any legal proceedings,
regulatory proceedings or enforcement matters that have been or may
be instituted against us and others relating to the Merger;
(iii) the occurrence of any other event, change or
circumstance that could give rise to a termination of
the merger agreement; (iv) the fact that, if the Merger
is not consummated due to a breach of the merger agreement by the
affiliates of Providence that are parties to the merger agreement,
SRA's remedy may be limited to receipt of a termination fee of
$112.9 million, and if the Merger is not consummated under certain
circumstances, SRA is not entitled to receive any such termination
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circumstances, SRA may be required to pay an affiliate of
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diversion of management's attention from ongoing business concerns
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spending levels and changing budget priorities of federal
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Foreign Corrupt Practices Act or regulations on government
gratuities; (xiii) possible delays or overturning of
international contract awards due to bid protests by competitors;
(xiv) security threats, attacks or other disruptions on our
information infrastructure, and failure to comply with complex
network security and data privacy legal and contractual obligations
or to protect sensitive information; (xv) risks from operating
in international markets, such as those resulting from economic,
political, social and financial conditions or unrest,
unavailability of certain protections that would typically be
available under federal or common law, exposure to international
regulations or risks associated with operating in or near hazardous
areas; (xvi) inability or failure to adequately protect our
proprietary information or intellectual property rights or
violation of third party intellectual rights; (xvii) potential
for significant economic or personal liabilities resulting from
failures, errors, delays or defects associated with products,
services and systems we supply; (xviii) difficulties
accurately estimating contract costs and contract performance
requirements; (xix) challenges in attracting and retaining key
personnel or high-quality employees, particularly those with
security clearances; (xx) inadequate insurance coverage; and
(xxi) pending litigation and any resulting sanctions,
including but not limited to unlimited contractual damages,
liability for consequential damages, liquidated damages, or third
party product liability associated with some commercial product
sales.
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