Stanley Inc. / SXE
Stanley provides information technology services to U.S. defense and federal civilian agencies. Headquartered in Arlington, Va., Stanley went public in October of 2006 and has 3,500 employees at 100 locations in the U.S. and around the world. (Photo: Courtesy of company.)
About Stanley Inc.
3101 Wilson Blvd., Suite 700, Arlington, Va. 22201
www.stanleyassociates.com
| 703-684-1125
| Founded: 1966
Industry: Government And Professional Services | Category: Top 100 Companies
Four decades after its founding as a small consulting firm, Stanley offered its shares to the public, raising $81.9 million to pay down its senior debt and to fund acquisitions.
The company's largest client is the Defense Department, which accounted for 61 percent of its revenue last year. Another 19 percent came from a contract with the State Department to process passport-support services. That contract is up for competitive re-bidding this year.
In public filings, Stanley cautioned that the concentration of its revenue in those contracts represented risks to its business. Changes in spending related to U.S. military operations in Afghanistan and Iraq could affect the company.
But if defense IT spending continues to grow, Stanley could benefit. The company has been acquiring smaller, regional information technology companies to position itself in areas that will see more military spending because of the base realignment and closure process.
Earlier this year, Stanley bought Techrizon, an IT company with 300 employees in Oklahoma, Georgia, New Jersey, Virginia, Washington, South Korea and Iraq. In 2006, the company acquired Morgan Research of Huntsville, Ala.; its clients include the Army and government agencies, including NASA.
2007 Financial Data
Total employees: 2,405 | Local employees: 767Did You Know
Stanley Inc. provides information technology consulting services to the federal government. The company, which was established in 1966, went public last year.
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