Stanley Announces $55M Contract With U.S. Army Central Command

Arlington, VA /PRNewswire-FirstCall/ -- Stanley, Inc. (NYSE: SXE - News), a leading provider of systems integration and professional services to the U.S. federal government, today announced that it was awarded a five-year, firm-fixed-price contract valued at up to $55 million, with exercise of options, to provide financial management support services to the U.S. Army Central Command (USARCENT).

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"We look forward to beginning this important work for the USARCENT," said Dave Fowler, Stanley vice president. "The Stanley team delivers a wide range of professional services to military forces in their area of operations and we are honored for this opportunity to provide financial support to USARCENT Headquarters and our deployed soldiers."

Under the contract, Stanley will provide the services, resources and management necessary to support the four USARCENT strategic financial management (FM) objectives: FM Battle Command system; cost culture; cost accounting of USARCENT operations; and implementing FM doctrine. The work will take place at Camp Arifjan in Kuwait.

About Stanley
Stanley (NYSE: SXE - News) is a provider of information technology services and solutions to U.S. defense, intelligence and federal civilian government agencies. Stanley offers its customers systems integration solutions and expertise to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational support, business process management, and advanced engineering and technology. Headquartered in Arlington, Va., the company has approximately 4,800 employees at over 100 locations in the U.S. and worldwide. Stanley has been recognized by FORTUNE magazine as one of the "100 Best Companies to Work For" from 2007 through 2009. Please visit www.stanleyassociates.com for more information.

Any statements in this press release about our expectations about future financial performance, plans and prospects, including statements containing the words "estimates," "anticipates," "plans," "expects" and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors discussed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2009, as filed with the Securities and Exchange Commission (SEC), and additional filings we make with the SEC. In addition, the forward-looking statements included in this press release represent our views as of the date of this release. Except as required by law, we assume no obligation to update publicly or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise.

SOURCE Stanley