SYS Technologies

SYS Technologies (AMEX: SYS), also known simply as SYS, provides information technology products through services and wireless communication systems for the Department of Defense, Department of Homeland Security and various commercial customers.[1] For large commercial customers in the telecommunications, utilities, construction, chemical, and biomedical industries, its products and services are used to manage remote assets.[1][3] SYS also provides financial and management services, primarily to U.S. government customers.[1] Since the company was founded, it has been based in or around San Diego, California.[2]

SYS Technologies
TypeSubsidiary
IndustryInformation Technology
Founded1966[1]
HeadquartersSan Diego, California[2]
Key people
Clifton L. Cooke Jr., CEO & President
Edward M. Lake, CFO
Kenneth D. Regan, President, Defense Solutions Group
Michael W. Fink, Sr. VP of Fin. and Contracts and Corp. Sec
ProductsRemore Asset Management
Surveillance
Sensor Networking
Finance
Systems Engineering
Wireless
Security
Revenue$45.8 Million (2005)[1]
$526,000 (2005)[1]
OwnerKratos Defense & Security Solutions (2008 - present)1
Number of employees
475 (2006)[1]
Websitewww.systechnologies.com

History

Founded in 1966 as Systems Associates, Inc.,[1] the company became SYS Technologies in 1985.[1]

In recent years, the company has embarked on a strategy of growth through acquisitions.[1] It acquired Polexis in March 2004, and acquired Xsilogy in December 2004.[1] It then bought Antin Engineering in January 2005, Logic Innovations in November 2005, cVideo in December 2005, and Reality Based IT Services, Ltd. in April 2006.[1] Its most recent acquisition was Ai Metrix in October 2006.[1]

On March 3, 2008, SYS Technologies became a wholly owned subsidiary of Kratos Defense & Security Solutions.[4]

References
  1. Archived September 30, 2011, at the Wayback Machine
  2. Archived September 28, 2011, at the Wayback Machine
  3. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=856858


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