Showing posts with label Alion Science and Technology. Show all posts
Showing posts with label Alion Science and Technology. Show all posts

Friday, March 5, 2010

Alion Announces Proposed $300 Million Unit Offering

Alion Science and Technology
Defense News ~ MCLEAN, Va.--(BUSINESS WIRE)--Alion Science and Technology Corporation (“Alion”) today announced its intent to issue units (the “Units”) consisting of $300 million aggregate principal amount of Senior Secured Notes due November 2014 (the “Notes”) and warrants (the “Warrants”) to purchase shares of Alion common stock. Alion expects the Units will include Senior Secured Notes issued at a discount to the face amount of the Notes and guaranteed by certain subsidiaries of Alion. Alion also proposes to enter contemporaneously with the issuance of the Units into a new $25 million revolving credit facility maturing August 2014 which will replace Alion’s existing revolver. Proceeds from the offering will be used to repay all amounts outstanding under the company’s first-lien credit facility, extinguish existing subordinated notes and warrants, and pay related transaction fees and expenses.

The Units, Notes, guarantees and Warrants, and common stock underlying the Warrants, will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Units, Notes and Warrants will be offered in the United States to qualified institutional buyers in a private offering exempt from the registration requirements of the Securities Act of 1933 pursuant to Rule 144A and outside the United States pursuant to Regulation S.

About Alion

Alion Science and Technology is a technology solutions company delivering scientific, research and development, engineering and technology expertise and operational support primarily to the U.S. Department of Defense (DoD) and other U.S. government agencies, and commercial customers. For fiscal year 2009, the company generated approximately $802.2 million in revenue and gross profit of $186.5 million.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction where the offering would not be permitted. Offers will be made only by means of a private offering circular. This press release contains information about a pending transaction, and there can be no assurance that this transaction will be completed.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. In addition, the management of Alion Science and Technology Corporation (which may be referred to as “Alion,” “we,” “us,” “our” or the “Company”) may from time to time make oral forward-looking statements. Forward looking statements may be identified by the words “believe,” “expect,” “anticipate,” “project,” “plan,” “estimate,” “will” or “intend” or similar expressions. Forward-looking statements reflect our current views about future events and are based on currently available financial, economic and competitive data and on our current business plans. Actual results could vary materially depending on risks and uncertainties that may affect our markets, services, prices and other factors as discussed in our 2009 Annual Report on Form 10-K and in our other filings with the Securities and Exchange Commission (SEC) including the section entitled “Risk Factors”.

Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995, as amended, and, as such, speak only as of the date made. The Company does not undertake any obligation to update any forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date stated, or if no date is stated, as of the date of this press release.

Contact:

Alion Science and Technology Corporation
Peter Jacobs, 703-269-3473
pjacobs@alionscience.com

Tuesday, January 12, 2010

Alion Awarded $4.7M Task Order to Assess Operational Readiness of IT Products Throughout the Product Lifecycle

Technology Solutions Company to Support Department of Veteran Affairs Throughout Software Development Lifecycle Process
Defense News ~ MCLEAN, Va.--January 11, 2010, (BUSINESS WIRE)--Alion Science and Technology, an employee-owned technology solutions company, was awarded a $4.7 million task order from the Department of Veteran Affairs to support information technology (IT) product development and implementation.
Alion will assist the Veterans Health Administration (VHA) Office of Health Administration by establishing collaborative checkpoints for early identification and validation of critical business requirements and traceability throughout the Software Development Lifecycle (SDLC). Alion will also assess the ongoing effectiveness of IT products once they are deployed. The task order was awarded off of the General Services Administration MOBIS contract.
“Alion’s role is to provide independent insight into VHA’s IT projects,” said Damon Griggs, Alion Senior Vice President and Manager of the Business Solutions Group. “We will perform a functional review on products that will focus on issues and risks that may impede full product adoption and readiness. We will also define strategies to resolve or mitigate any issues before a system is deployed to end users.”
VHA is a division within the Department of Veteran Affairs responsible for implementing the VA medical assistance program through VA clinics, hospitals, medical centers and long-term healthcare facilities. VHA’s Product Effectiveness mission is to ensure end users and veterans receive IT products and services that fully meet their needs and are ready to deploy.
About Alion Science and Technology
Alion Science and Technology (pronounced: ah-LYE-un) is an employee-owned technology solutions company delivering technical expertise and operational support to the Department of Defense, civilian government agencies and commercial customers. Building on 70 years of R&D and engineering experience, Alion brings innovation and insight to multiple business areas: defense operations; modeling & simulation; wireless communication; industrial technology; chemical, biological, nuclear & environmental sciences; information technology; and naval architecture and marine engineering. Based in McLean, Va., Alion has employee-owners at major offices, customer sites and laboratories worldwide. For more information, call 877.771.6252 or visit Alion online at www.alionscience.com.
This press release contains information about management’s view of Alion’s future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of risk factors and uncertainties discussed in documents periodically filed by Alion with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Contact:
Alion Science and Technology
Peter J. Jacobs, 703-269-3473

Wednesday, September 2, 2009

Alion Awarded $7M Contract to Support Navy's Improved Live Virtual Constructive Integration Research Program

*Technology Solutions Company to Develop Prototype Tools to Support Anti-Submarine Warfare Platforms and Training Environments
MCLEAN, Va.-- On Wednesday September 2, 2009, (BUSINESS WIRE)--Alion Science and Technology, an employee-owned technology solutions provider, has been awarded a $7 million research and development contract to assist the Naval Air Warfare Center Training Systems Division (NAWC TSD) in solving several challenges associated with stimulating airborne Anti-Submarine Warfare (ASW) platforms and training environments.
Under the Improved Live Virtual Constructive (LVC) Integration research program, Alion will develop prototype computer interface technologies – known as Live Platform Integration -- for surface ship, submarine and aircraft platforms. The research will produce alternative methods for synthetic threat scenarios to be injected into Warfighters’ sensor and combat systems to improve training. Alion will assist NAWC TSD with virtual training technology integration and the development of advanced constructive technologies.
“Alion’s solutions will significantly improve the affordability, utility and reusability of LVC integration technologies for military education, experimentation, analysis, training and mission rehearsal,” said Rear Adm. Richard E. Brooks (USN, Ret.), Alion Senior Vice President and Manager of the Distributed Simulation Group. “The improvements will provide the Warfighter with a more complete set of tools with which to conduct training operations.”
The period of performance runs from July 23, 2009 to Nov. 30, 2012.
Headquartered in Orlando, Fla., NAWC TSD is a component of the Naval Air Warfare Center Aircraft Division and Naval Air Systems Command. The division is the Navy’s principal source for a full range of training products and services, including requirements analysis, design, development and full life cycle support.
About Alion Science and Technology
Alion Science and Technology is an employee-owned technology solutions company delivering technical expertise and operational support to the Department of Defense, civilian government agencies and commercial customers. Building on 70 years of R&D and engineering expertise, Alion brings innovation and insight to multiple business areas: naval architecture & marine engineering; defense operations; systems engineering; modeling & simulation; information management & technology; chemical, biological, nuclear & environmental sciences; wireless spectrum engineering; and industrial technology. Based in McLean, Virginia, Alion employee-owners are located at major offices, customer sites and laboratories worldwide. For more information, call 877.771.6252 or visit Alion online at www.alionscience.com
This press release contains information about management’s view of Alion’s future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of risk factors and uncertainties discussed in documents periodically filed by Alion with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Contact:
Alion Science and TechnologyPeter J. Jacobs,

703-269-3473
pjacobs@alionscience.com

Thursday, June 25, 2009

Alion Awarded $84.7 M Task Order to Support Naval Sea Systems IT Management

(Source: Alion Science and Technology; issued June 24, 2009)
MCLEAN, Va. --- Alion Science and Technology, an employee-owned technology solutions provider, has been awarded an $84.7 million task order to support the Naval Sea Systems (NAVSEA) Command Information Officer (CIO) by consolidating and enhancing key IT systems, including the NAVSEA Intranet. The Alion team will support and manage the NAVSEA Legacy applications and operations as they transition into the Navy-Marine Corps Intranet (NMCI) program or the Navy Enterprise Resource Planning Tool. The team will also assist NAVSEA in defining requirements and design standards for its follow-on system, the Next Generation Enterprise Network (NGEN). In addition, NAVSEA is consolidating all of their external Web sites and migrating to single-point hosting while the internal sites are migrated to a Microsoft SharePoint-based system. Alion is leading the effort and consolidating the sites under an information portal called I-NavSea. “This contract helps NAVSEA combine a majority of its support services under one contractor, which improves technical efficiency, reduces costs, improves IT security and provides an enhanced integration of all NAVSEA enterprise IT functions and assets,” said Timer Keenan, Alion Senior Vice President and Manager of the Strategic Operations Group. “Our goal is to assist NAVSEA in viewing information technology as a contributor to mission effectiveness versus a simple cost of doing business.” Alion has been providing IT consultation and services to the NAVSEA CIO since 2000. Under this new task order, which has one base year, an option year, and three Award Term Years, Alion will provide a broad range of operational and technical services, including resource management, enterprise application management, database and software development, and network management. To support the task order, issued under the NAVSEA SeaPort-E contract, Alion is leading a team that includes General Dynamics IT, Infosoft, Pac Solutions, Information Innovators and Imagine One. Alion Science and Technology (pronounced: ah-LYE-un) is an employee-owned technology solutions company delivering technical expertise and operational support to the Department of Defense, civilian government agencies and commercial customers. Based in McLean, Va., Alion has employee-owners at major offices, customer sites and laboratories worldwide.