After April 1, DiPentima will stay onboard at SRA as a director and a part-time employee, the company said in a conference call on Friday.
Sloane serves as executive vice president of Lockheed’s IS&S business, which is heavily tilted toward engineering services for the intelligence sector. SRA, in contrast, is more focused on IT services and also works for civilian agencies, not just the Pentagon and the national security sector.
In Friday’s call, SRA chairman Ernst Volgenau said Sloane’s Lockheed experience will be an asset at his new post. SRA does some high-end engineering work itself, and Sloane can help boost this segment, he said. And intelligence and weapons systems are becoming more network-centric, which means these areas have strong IT services components, in the broadest sense, which represent big opportunities for SRA. Volgenau also said SRA has no plans to shore up its civilian business in any regard.
Volgenau said not to expect any major executive reshuffling once Sloane takes the helm. He added that the board has deferred the tempting issue of share buybacks while the CEO succession is underway.
