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]
| Company type | Subsidiary |
|---|---|
| Industry | Information Technology |
| Founded | 1966[1] |
| Headquarters | San 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 |
| Products | Remore Asset Management Surveillance Sensor Networking Finance Systems Engineering Wireless Security |
| Revenue |  $45.8 Million (2005)[1] |
| $526,000 (2005)[1] | |
| Owner | Kratos Defense & Security Solutions (2008 - present)1 |
Number of employees | 475 (2006)[1] |
| Website | www.systechnologies.com |
History
editFounded 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.[citation needed]