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For more information, contact:
Joelle Pozza
Communications Manager
(703)
684-1125
communications@stanleyassociates.com
February 21, 2006: Stanley Announces
Completion of Morgan Research Acquisition
(ARLINGTON, VA) – Stanley, Inc. (Stanley), a
leading provider of systems integration and professional
services to the U.S. federal government, today announced that
it has completed the acquisition of Morgan Research
Corporation (MORGAN), a well respected engineering services
firm based in Huntsville, Alabama. This acquisition, announced
in January 2006, combines the specialized engineering and
technology expertise of MORGAN with Stanley’s proven systems
integration capabilities. The two companies provide
complementary information technology and systems engineering
services and together offer an expanded suite of solutions for
their existing
customer base.
“We’re pleased to welcome MORGAN to the
Stanley family,” said Phil Nolan, Stanley’s president and
chief executive officer. “The addition of MORGAN positions us
to accelerate growth, service new customers, and remain
strongly competitive within this industry. We have been very
impressed by the quality of their management and staff, and I
am excited to embrace them as part of Stanley’s team.”
MORGAN, founded in 1988, has annual revenues
of approximately $70 million and 480 employees in Alabama,
Florida, Oklahoma, and Texas, supporting customers including
the U.S. Army Aviation and Missile Command (AMCOM), U.S. Army
PEO STRI (Program Executive Officer for Simulation, Training,
& Instrumentation), and NASA. This acquisition further
strengthens Stanley’s presence in the greater Huntsville
business community, which will play a key role in securing
future Department of Defense contracts relocating to the area
as a result of Base Realignment and Closure plans.
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