SGIS Achieves Record Revenue of Over $100 Million in 2009
In the midst of the economic recession, SGIS announced annual revenues of over $100 million for the 2009 fiscal year, over 13% growth from 2008.
Online, February 25, 2010 (Newswire.com) - SGIS, a national government contracting firm, today announced record revenue in 2009. In the midst of the economic recession, the company announced annual revenues of over $100 million for the 2009 fiscal year, over 13% growth from 2008. Only a short seven years after inception, SGIS employs over 700 people from 14 office locations nationwide and has quickly grown into a multi-million dollar organization.
"SGIS has experienced phenomenal growth and seen great success since inception," said SGIS CEO Hany Girgis. "We are extremely proud to have reached this milestone and attribute our success to the dedication and loyalty of our employees and customers. We look forward to our continued growth in the years to come."
SGIS was founded in 2002 from the spare bedroom of CEO Hany Girgis' San Diego home in response to the first attack on our nation's soil in more than fifty years. The turmoil of the 9-11 hijackings showed a weakness in our nation's securities and, as a result, Girgis pinpointed that there would be an upsurge in Defense, Intelligence and Homeland Security.
2009 was an exceptional year for growth with the acquisition of several large government contracts including an Engineering and Installation Support contract by the United States Army in support of Project Manager, Defense Communications & Army Transmission Systems (PM DCATS); and a Scientific, Engineering and Technical Assistance (SETA) contract by the United States Army Space and Missile Defense Command / Army Forces Strategic Command (USASMDC/ARSTRAT) in support of Space and Missile Defense Initiatives Support III (SMDIS III), among other contracts. The company also opened two new office locations in Colorado Springs, Colorado and Fayetteville, North Carolina to support its rapid growth.
About SGIS
SGIS provides services and solutions that defend the United States and its citizens from threats, provides advanced tools to soldiers who defend the nation and assists government agencies in running their business more effectively. SGIS has teamed with numerous organizations within the Intelligence, Homeland Security and Defense communities to form alliances needed for successful missions. The company specializes in the areas of Intelligence Analysis, Information Technology, Engineering/ Integration, Training and Cyber Security solutions. SGIS supports critical services for Intelligence community customers, the Department of Defense (DoD) and the Department of Homeland Security, to name a few. SGIS provides services at the state and local levels as well.
SGIS currently has 14 offices nationwide, with corporate headquarters located in San Diego, California.
SGIS has received many highly regarded national and state awards. Most recently, SGIS was named to the 2009 Inc. 5000, Inc. Magazine's list of the 5000 Fastest-Growing Private Companies in the Nation. SGIS also ranked #10 on Entrepreneur Magazine's 2008 Hot 100 List of the Fastest-Growing Businesses in America, was named to the 2008 Inc. 5000 and ranked #19 on Washington Technology's 2008 Fast 50 list of the Fastest-Growing Government IT Companies. Other accolades include being named to the Military Training Technology (MT2) 2008 Top Simulation Companies List, being selected for the 2007 Inc. 500 list and ranking #2 on Washington Technology's 2007 Fast 50 list. In 2006, SGIS was awarded the Governor's Entrepreneurship Award in Florida's Mega Market.
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