SRA International has agreed to acquire MorganFranklin‘s national security business in an effort to grow its defense, national security and health portfolios.
SRA did not disclose terms of the deal and said the company expects to close the transaction by the end of 2012.
Approximately 180 MorganFranklin employees, many of whom are based at client sites in the Washington and Tampa regions, will move over to SRA.
SRA President and CEO Bill Ballhaus said the company is pursuing strategic growth opportunities through the acquisition.
MorganFranklin holds positions on contract vehicles with SRA’s existing customers, according to SRA.
MFC’s line of work includes tactical C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), cybersecurity, intelligence analysis, continuity of operations, emergency planning, information assurance and project management office support.
SRA announced the promotion of Deb Alderson to executive vice president and chief operating officer last week, nearly a year after she joined the company as EVP for strategic development.
Ballhaus said she brings a client-facing focus to her new post, where she will oversee the company’s main operating groups in the civil government; defense; health; and intelligence, law enforcement and homeland security sectors.