SRA to Acquire Era Corporation

SRA International, Inc. is acquiring Era Corporation.  SRA provides technology and strategic consulting services to government organizations, and privately held Era provides surveillance technologies for the air traffic management, airport operations, military, and security markets.

SRA says it is broadening its product and service offerings, by integrating hardware and software products with its core services capabilities, in order to play a pivotal role in national security, civil government and health markets.

Era, which has nearly 300 employees, has developed, sold and implemented multilateration, ADS-B (automatic dependent surveillance-broadcast), and other surveillance technologies to more than 100 customers in the U.S., Canada, Europe, the Middle East, Africa, South America and Asia.  It is headquartered in Reston, Virginia, and has production facilities, as well as research and development centers, in the U.S. and Czech Republic.

SRA expects to close the transaction by the end of this coming June. 05-03-2008.

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