FROM THE CHIEF EXECUTIVE OFFICER
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| Video Message from SCRA's CEO |
We will achieve our aggressive growth goals by continuing to deliver exceptional value to our clients and partners.
In 2009 SCRA marked its 26th year of delivering assured outcomes in applied research and commercialization services. Our combination of domain expertise, process competency, and unique collaborative business models continues to provide improved capabilities and cost savings for our clients and partners. SCRA's many outcomes particularly a record year-end backlog, demonstrate that the company is accelerating as a business. We are optimistic about our ability to increase market share and achieve sustained growth going forward.
SCRA’s affiliate, ATI is a private, non-profit corporation formed by SCRA in 1998 to create collaborative programs for our federal, corporate, and academic clients. ATI develops solutions for industries including aerospace, automotive, electronics and defense. ATI achieved record revenues again in FY2009 and secured several new multi-year, multi-million dollar contracts. ATI also leads SCRA’s strategic investments in new vertical markets including life science and healthcare technologies and alternative/sustainable energy. Going forward, ATI will continue to constitute an increasing percentage of SCRA’s market and financial results.
SCRA has built a leadership position in knowledge–based economic development, spearheaded by our success in providing financial support and mentoring services to compelling technology startup companies. SCRA has received national and international leadership recognition for technology-based economic development. SCRA continues to provide a growing pipeline of robust, early–stage entrepreneurial companies with funding, mentoring, and commercialization support and services, oftentimes as a component of larger deliverables to our federal and corporate clients. In conjunction with our university and laboratory partners, we are building three new world-class facilities to house and equip entrepreneurial companies emerging from basic research. The first of these facilities will open before the end of calendar 2009.
With the innovation, collaboration, and implementation we deliver, SCRA remains well-positioned to meet or exceed our aggressive but rational goals for future growth.
Bill Mahoney
Chief Executive Officer
FROM THE CHIEF OPERATING OFFICER
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| Video Message from SCRA's COO |
SCRA consistently delivers relevant, broadly-deployed solutions.
This has been a really outstanding year for SCRA and Affiliates. Backlog is at an all-time high, which bodes well for the future.
- ATI closed a $700M, 7-year ordnance contract with the Army. ATI is executing the contract as the Executive Agent for a consortium of more than 140 technology suppliers.
- The Navy awarded a $100M contract to ATI to continue operations of the Center for Naval Shipbuilding Technology.
- The Wall Street Journal selected ATI as a “Top Small Workplace in 2009,” a direct result of their Talent Management Strategy designed to promote and achieve record performance.
- SCRA supported the successful transition of Project SeaHawk to the US Coast Guard as an Interagency Operations Center.
- SCRA achieved CMMI Level II Evaluation.
- SCRA developed a Supply Chain Risk Assessment Software package for the US Air Force, which is being tested by Boeing and General Electric.
- An SCRA-led composites consortium has reduced the acquisition cost of each Virginia Class submarine hull by $5.8M, or 6% of the Navy’s overall cost reduction goal of $100M.
- SCRA was awarded a new 5-year contract with the Army Research Laboratory (ARL) to conduct advanced materials projects. With an initial ceiling of $16M, ARL intends to support the advanced materials needs of multiple Army commands.
- SCRA was chosen to act as fiscal agent for a $20M National Science Foundation award to advance university research on tissue biofabrication, which could lead to the production of human organs.
Greg Frank
Chief Operating Officer
