A New Era for Era

SRA International is acquiring Era Corp., a privately held provider of advanced surveillance technologies for the air traffic management, airport operations, military and security markets. Reston, VA-based Era has nearly 300 employees and develops multilateration, Automatic Dependent Surveillance-Broadcast (ADS-B) and other technologies. "Era is a perfect fit for SRA," said SRA President and CEO Stan Sloane. "They are a global market leader with a solid management team, dedicated employee base and valuable intellectual property. Era has established a great track record of winning new business and exceeding customer expectations, and we anticipate that the air surveillance market will continue to offer abundant opportunities for growth as traditional ground-based radar is replaced by these more powerful, dependable systems. Era is an important part of our long-term growth plans, and will help position us strategically for leadership in advanced surveillance technologies." Closing is expected by the end of SRA's fiscal year (June 30, 2008). SRA is a leading provider of technology and strategic consulting services and solutions.