Precise Systems, Inc. Named to Inc. 5000 Fastest Growing Companies for Second Time

LEXINGTON PARK, MD, August 16, 2017, — Inc. magazine today ranked Precise Systems number 4,447 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses.

Precise Systems, a Service-Disabled Veteran-Owned Small Business, was previously named on the Inc. 5000 fastest growing private companies list in 2012. Their rank on this year’s list includes a demonstrated 56% three year sales growth. The company has expanded its business to include 14 prime contracts supporting U.S. Naval Air Systems Command (NAVAIR), Naval Air Warfare Center (NAWCAD) and Naval Surface Warfare Center (NSCW) Crane Division. With this expansion, Precise Systems’ team has grown to employ over 300 people including industry-experts, engineers, program managers, project analysts as well as information technology and cyber security professionals.

“We are honored to once again be recognized as one of the fastest growing private companies,” remarked Scott Pfister, President and Chief Operating Officer of Precise Systems. “Recognition on the Inc. 5000 reflects the unequivocal dedication of our team to provide exceptional service to our customers and the warfighter but most importantly, it reflects the success and growth that our customers have achieved by means of using our services. It is with great pride that I have the opportunity to serve a team of dedicated professionals with passion for delivering the highest quality of service.”

The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands today), is the most competitive crop in the list’s history. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years.

Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.

 

About Precise Systems, Inc.

Precise Systems is a professional services company currently working for the U.S. Navy, U.S. Marine Corps, and U.S. Air Force; competing as a Service-Disabled Veteran-Owned Small Business (SDVOSB) under several NAICS codes. Core competencies of the company include systems engineering, program and project management, logistics, information technology and cyber security, and software development services. Precise was founded in 1990 and since their establishment, they have been providing cutting edge solutions and support to the warfighter. They understand and provide expert consultation on network and weapons systems acquisition programs, maintenance/modernization programs, and sustainment programs.

2016 Year in Review President’s Message

SPLEXINGTON PARK, MD, February 21, 2017 — I would like to take this opportunity to thank you for your superb efforts; 2016 was a record year for Precise Systems! Our great success can be attributed to your unequivocal dedication to our customers and the warfighter, your commitment to putting people first and your help in taking care of our own. As a direct result of your hard work, Precise’s 2016 “end of year” revenues represent a 41.5% growth over 2015. For the first time in our company’s history, we employ more than 250 people and the number continues to increase. This sustained growth provides new advancement opportunities for our employees and will be reflected in increased value for ESOP participants. We hope you continue to see Precise as a place to settle in for the long term as you pursue your career goals.

Precise had a number of key contract wins to round out 2016. We were awarded five new prime contracts including:

  • PMA-231 Advanced Hawkeye Program Office
  • PMA-280 Tomahawk Program Office
  • NSWC Crane Security (Command-wide)
  • PMA-209 Common Acquisition Programs
  • PMA-209 Capabilities Management

The two new contracts for PMA-209 (the Air Combat Electronics Program Office) significantly expand our previous Acquisition support. Our successful re-compete of Precise’s Acquisition contract also now includes support of PMA-209’s international programs teams.

We also received a number of successful subcontractor awards, one of which was a re-compete in PMA-273. Our “new business” subcontractor wins include AIR 6.7 work at Pax River and Cherry Point; AIR 4.0 in Cherry Point; AIR 4.9.4 at Pax River; and Contractor Field Teams (CFT) based in Huntsville, AL. These awards will present new growth opportunity in 2017.

Precise had a host of other noteworthy achievements in 2016. We were recognized by NAVAIR as one of NAWCAD Pax River’s Top 10 Prime Contractors of FY16. We launched a new website over the summer, became ISO 9001:2008 certified, and have increased our community involvement in supporting meaningful causes such as our Annual Back to School Drive and #NolanStrong.  At the same time, we extended Precise’s corporate brand among our social media outlets, and made a concerted effort to nurture our corporate culture and Employee Stock Ownership Plan.

Looking ahead to 2017, I believe Precise will undoubtedly have another outstanding year. Though we are destined to face challenges, including the ongoing task of winning our re-competes, we have consistently demonstrated our ability to overcome obstacles and continue to prosper. Our pipeline of new business targets is stronger than ever, and we are committed to investing in the infrastructure and resources required to sustain and attract talent and opportunities for Precise Systems.

So again, thanks to all for your great work!  You are the heartbeat of Precise Systems, and I am honored to share the success and growth of the company with you.

With the greatest respect,

Scott Pfister

President & Chief Operating Officer

Precise Systems, Inc.

Precise Awarded Third Task Order Supporting PMA-209

LEXINGTON PARK, MD, January 24, 2017 — On December 15, 2016, Precise Systems was awarded a $22.3M, five-year task order to provide Science, Engineering, Technical and Logistics Support Services to the NAVAIR PMA-209 Capability Management Team. The Capability Management Team focuses on improving collaboration between PMA-209, Air Combat Electronics (ACE) and program office customers. The team will aid in developing collective multi-platform capability integration strategies that meet platform community requirements and capture Enterprise level efficiencies. Partner companies include DCS Corporation and SAIC, both of which are long standing service providers in PMA-209. Precise additionally performs work under two other task orders supporting PMA-209 initiatives: Acquisition (ACQ) and International Program Teams; and Common Acquisition Programs (CAP).

Precise Recognized by NAVAIR as Top 10 Contractor

LEXINGTON PARK, MD, December 28, 2016 — On December 20, 2016, Precise Systems was recognized by NAVAIR as one of the NAWCAD Patuxent River Top 10 Prime Contractors of FY16. Precise Systems was the recipient of five prime task orders in CY16, four in support of NAWCAD clients, and one supporting NSWC Crane.

A full listing of the firms recognized by can be found here: http://www.navair.navy.mil/osbp/

Precise Awarded Task Order to Support PMA-231

LEXINGTON PARK, MD, December 13, 2016 — Precise Systems announces the award of a five-year, $54M task order to provide Program Management support services to NAVAIR, PMA-231, E-2/C-2 Program Office. PMA-231 serves as the Navy’s agent for overall management of E-2/C-2 weapon system acquisition. Precise Systems is a well-established small business with a history of successfully supporting large NAVAIR program offices in their transitions from development to production and sustainment. The Precise Team is comprised of subcontractors Wyle, Deloitte and LTS Consulting, all established service providers for PMA-231. The Team will provide International Business/Foreign Military Sales, Financial, Acquisition, Engineering, and Logistics Management services to sustain the lifecycle of E-2 and C-2 aircraft.

Precise Systems Accepts Community Partner Award

Megan Villano, HR Specialist, accepting the Community Partner Award on behalf of Precise Systems.
Megan Villano, HR Specialist, accepting the Community Partner Award on behalf of Precise Systems.

LEXINGTON PARK, MD, December 1, 2016 — Precise Systems proudly accepted the Community Partner Award from Southern Maryland Community Network (SMCN) during their Annual Open Board Meeting on November 29, 2016 at College of Southern Maryland, Prince Frederick Campus. The Community Partner Award honors organizations who have demonstrated support of the Southern Maryland Community Network Mission through their efforts in contributing to the communities in which they work and live.

Southern Maryland Community Network is a local non-profit organization that operates with a mission of “forming a partnership between people with mental health needs and their community – to foster understanding, empowerment, integration and enhanced quality of life.” Their services include psychiatric rehabilitation programs, targeted case management, employment support, adult crisis assistance, child/adolescent psychiatric rehabilitation

programs, homelessness transition services, as well as a tri-county Community Behavioral Health Liaison Program. SMCN has pioneered mental health service offerings in Southern Maryland, paving the way to ensuring the people of this community have the resources necessary for wellness and success.

Precise Systems has partnered with SMCN in several initiatives over the past few years. Initiatives have included the Annual Precise Back to School Drive, where employees donate new school supplies and assemble backpacks for distribution to struggling families in the community. Precise has also participated in several food drives and food distributions during holiday times in coordination with SMCN. In accordance with the Precise Core Value of nurturing valued partnerships, we gladly support the Southern Maryland Community Network and look forward to continuing to aide them in their mission.

For more information about Southern Maryland Community Network, please visit http://www.somdnetwork.org/.

Precise Systems Celebrates Opening of New Location and Employee Stock Ownership

CraneOpening
Ribbon Cutting Ceremony for the New Precise Indiana Office

LEXINGTON PARK, MD, October 26, 2016 — Precise Systems, Inc. celebrated the Grand opening of our fourth location at the WestGate@Crane Technology Park.  We were pleased to welcome Samantha Bobbitt and Jennifer Lantaff of the Daviess County Chamber of Commerce, as well as several members of the WestGate Authority Board of Directors to celebrate our presence in the community. Precise President and COO, Scott Pfister remarked, “As a company that works to best serve our warfighters and our country, we are thrilled to be able to contribute to the economic growth of Daviess County while operating at a location that is ideal for us to successfully support the NSWC, Crane Division.”

Additionally, we were able to extend our yearly celebration of Employee Stock Ownership to the Indiana employees. Since its inception in 2010, we have set aside time to celebrate Employee Ownership in October of each year. Our Indiana team enjoyed a special luncheon and introduction to the unique and valuable benefits of the plan.

ESOP
The Precise Indiana Team Gathered at their ESOP Luncheon

Precise is a Service Disabled Veteran-Owned Small Business (SDVOSB) focused on providing a broad range of professional services with core competencies that include: Systems Engineering, Program and Project Management, Logistics, Information Technology and Cyber Security, and Software Development.

Since our founding in 1990, we have consistently grown and are delighted to continue to do so at the WestGate@Crane Technology Park. We attribute our continued growth to our focus on providing consistent and quality driven services and solutions. Additionally, our staff of over 250 highly-skilled professionals are effective in delivering the expertise to streamline the acquisition process, address complex engineering challenges and integrate IT and knowledge management solutions. WestGate@Crane Technology Park is the ideal location for us to carry out our technical expertise as we expand. Precise now has four locations that include their headquarters in Lexington Park, MD, and field offices in Havelock, NC, San Diego, CA, and Odon, IN. From coast to coast, Precise Systems provides cutting edge solutions!

Precise Awarded Second Task Order at NSWC Crane

LEXINGTON PARK, MD, August 30, 2016 — Precise Systems announces the award of a five-year, $6.2M task order to provide a broad range of information assistance and security support to the Naval Surface Warfare Center (NSWC), Crane Division Security Division.  The NSWC Crane Division Security Division provides security policy and program management to all focus areas within NSWC Crane. The Precise Team, consisting of Delta Resources and Gryphon Technologies, will provide anti-terrorism, security collaboration, communications security/electronic key management, continuity of operations, emergency management, industrial security, information security, operational security, and physical security support services to the Security Division.

Precise Wins Task Order to Support PMA-209 ACQ/FMS Programs

LEXINGTON PARK, MD, August 30, 2016 — Precise Systems announces the award of a five-year, $21.8M task order to provide Program Management support to the Air Combat Electronics (ACE) Acquisition and International Programs teams within PMA-209. Services include operational, administrative, financial and international program support to PMA-209 teams tasked with concept development, system demonstration, test and evaluation, production, deployment and life cycle support. Work on this contract will be performed primarily at Naval Air Station (NAS) Patuxent River, MD. Precise Systems’ teammates for this effort are SAIC and DCS Corporation.

Precise Systems Achieves ISO 9001:2008

Precise Systems Achieves ISO 9001:2008 Quality Management System Certification, Signifying Its Commitment to the Highest Quality of Service and Continuous Improvement.

LEXINGTON PARK, MD, July 27, 2016 — Precise Systems, a government contractor, is pleased to announce its recent achievement in obtaining ISO 9001:2008 Quality Management System accreditation from globally recognized ISO registrar SAI Global.

The ISO 9001:2008 Quality Management System provides a framework for implementation, maintenance, and continual improvement of internationally instituted quality best practices within the Precise Systems organization.

“Obtaining our ISO 9001:2008 certification supports and strengthens our ability to have the proper human and technical resources to continually improve upon delivery of services and exceed customer requirements and expectations.” – Scott Pfister, President and Chief Operating Officer, Precise Systems