Friday, May 23, 2008

SP Systems takes flight on potential $200M contract

NASA Goddard deal is company’s largest to date

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Swami Reddy, president and CEO of SP Systems of Greenbelt, has a long history with NASA’s Goddard Space Flight Center and his expertise and leadership have helped his company win its largest contract to date, one worth up to $200 million from the space agency.

NASA has selected SP Systems to provide mission support services under a five-year indefinite delivery, indefinite-quantity contract for its Goddard Flight Projects Directorate program. Under the contract, SP Systems is to provide ‘‘planning and scheduling, configuration management, information technology, documentation and library services, and general business and general accounting services,” according to company information.

‘‘We are already doing similar work under contract for NASA,” Reddy said. ‘‘For this contract we will also be doing more engineering and flight systems work.”

The projects that SP Systems will support include newly proposed, under-development and ongoing programs for NASA, including the Hubble and James Webb space telescopes, the Lunar Reconnaissance Orbiter and the Gamma-ray Large Area Telescope.

Reddy previously worked with NASA Goddard when he was with defense and aerospace contractor Raytheon, where he worked on astrophysics research and other projects. He founded SP Systems in 1999, and has grown it to more than 130 employees.

He said this new contract will mean more hiring for the company, which graduates in October from the Small Business Administration’s 8(a) program, which helps small, minority-owned businesses win contracts.

‘‘This is our largest contract,” Reddy said, ‘‘and this win gives us more confidence that we can go out and compete for open awards” after graduating from the 8(a) program.

Reddy has more than 30 years of experience in software engineering and scientific analysis, including physics, biophysics, X-ray crystallography, astrophysics, software engineering, interactive graphics, and numerical analysis, according to SP Systems information.

The Goddard Flight Projects Directorate is responsible for managing spacecraft flight hardware systems, ground systems, launch vehicles and research instrumentation payloads for NASA science and exploration programs.