Tag: precise systems inc
Precise Systems Honored as a 2024 VETS Indexes 5 Star Employer
LEXINGTON PARK, MD, April 17, 2024 – VETS Indexes is proud to announce that Precise Systems has earned the designation of VETS Indexes 5 Star Employer in the 2024 VETS Indexes Employer Awards. The award recognizes the organization’s commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community.
Click this link to see the full slate of awardees: https://vetsindexes.com/award-results-2024
“The extraordinary efforts of Precise Systems to hire, retain and support veterans and the military-connected community have earned the organization one of our highest awards,” said George Altman, president of VETS Indexes.
“Competition for the VETS Indexes Employer Awards was tougher than ever in 2024, as a record number of organizations participated. Even with hundreds of employers in the running, the veterans program at Precise Systems stood out from the rest. Congratulations to Precise Systems on this outstanding achievement!” Altman said.
This year, a record 344 organizations submitted completed surveys for the VETS Indexes Employer Awards, an increase of more than 100 from last year and nearly triple the number from two years ago. Of those, VETS Indexes recognized 285 organizations across the following award levels: 5 Star Employer, 4 Star Employer, 3 Star Employer, and Recognized Employer. Not every responding organization made the cut – only those that demonstrated a strong commitment to veterans, members of the National Guard and Reserves, and military spouses. Participating organizations included companies large and small, government agencies and departments, nonprofit groups, colleges, and universities.
As the most objective and comprehensive evaluation of veteran employers, the VETS Indexes Employer Awards program has set a new standard in veteran employment data. VETS Indexes and its Employer Awards have been featured on CNBC, Fox Business and BNN Bloomberg, as well as military-specific outlets, including Military.com, Military Times and Stars & Stripes. This in-depth survey and recognition program analyzes employers’ policies, practices, and outcomes in detail, across the following 5 categories:
- Veteran job candidate recruiting and hiring
- Veteran employee development and retention
- Veteran-inclusive policies and culture
- Support for members of the National Guard and Reserves
- Military spouse/family support
For more information on the process and methodology behind the VETS Indexes Employer Awards, please click this link: https://vetsindexes.com/employer-awards-methodology. To register and participate in the upcoming 2025 VETS Indexes Employer Awards competition, please click here: https://vetsindexes.com/employer-awards/.
About VETS Indexes
VETS Indexes is a leading voice on veteran employment issues, overseeing the VETS Indexes Employer Awards, hosting the Employing U.S. Vets Conference, unearthing unique and unprecedented data on veteran employment through the Veteran Employment Benchmarking Service, and developing custom indexes, linked to financial products, that track the performance of the publicly traded companies that have established themselves as the best employers for veterans.
The VETSX and VTRNIX indexes were created on the premise that the companies that make the best use of the highly talented, yet under-valued, talent pool that veterans represent will ultimately see a benefit to their bottom lines. The performance of the indexes has emphatically confirmed that thesis, outpacing the S&P 500.
As the world’s first resource for U.S.-veteran-themed indexes, our mission is to provide innovative solutions that recognize the value created by the mission-critical mindset, unique skills, and specialized training that veterans bring to the workplace. Our mission also includes a commitment to always donate a significant portion (target of 20% and no less than 5%) of our net profits to charitable organizations that support veterans and their families.
Learn more about us at VETSIndexes.com and follow us on social media channels via LinkedIn, Facebook and Twitter.
About Precise Systems
As a solutions-based company, Precise Systems is focused on innovation in support of the warfighters and aligning our expertise to deliver the highest quality of service. Powered by our highly skilled workforces, we provide expert consultation on network and weapons systems acquisition programs, maintenance/modernization programs, and sustainment programs with solutions in Digital Transformation, Advanced Engineering, Physical Sciences Research, Platform Lifecycle Support, and Technical Services. Since our establishment, we have demonstrated and perfected our ability to manage the customer’s needs, no matter how complex – offering exceptional service and the Precise solution.
Precise Systems Announces Acquisition of JHT
Extends Precise Systems’ support for the training and simulation mission
Lexington Park, MD and McLean, VA, March 18th, 2024 – Precise Systems, Inc., a portfolio company of Bluestone Investment Partners, is pleased to announce the acquisition of Jardon & Howard Technologies, Inc. (JHT) in a transaction that closed February 16, 2024.
Based in Orlando, Florida, JHT is a leading provider of advanced training and simulation solutions for clients across the Department of Defense, including the Army, Navy, and other agencies throughout the federal government. In support of these customers’ training requirements, JHT develops interactive courseware, virtual training simulations, and human performance improvement tools such as Interactive Electronic Technical Manuals.
The foundation of JHT’s advanced training capabilities is its proxSIMity® simulation framework which includes the proxSIMity® Advanced Touch System, a proprietary library of gestures used in 2D and 3D training environments deliverable on touch-screen devices. JHT developed this advanced training technology in partnership with the government through the Small Business Innovation Research (SBIR) program. In recognition of the importance of proxSIMity® to the training mission, JHT has been awarded eight SBIR Phase III contracts and has enabled customers to rapidly access JHT’s training capabilities using sole-source, direct-award contracting methods under the Federal Acquisition Regulations.
“I am excited to welcome the JHT employees to Precise,” said Scott Pfister, President, and Chief Executive Officer of Precise Systems. “This acquisition significantly enhances our capabilities across a number of high-priority clients and accelerates our strategy to expand into new markets. JHT and Precise make an extremely powerful combination and our combined capabilities allow us to scale for a promising future.”
JHT’s founder Jim Jardon added, “Since starting JHT over 30 years ago, I have had the privilege of working with exceptional clients and wonderful employees in building a great company. I am excited to see JHT’s continued growth as part of the Precise Systems platform and look forward to seeing the company bring training solutions to new customers responsible for developing and fielding advanced systems.”
The acquisition of JHT is Precise Systems’ second acquisition since commencing its partnership with Bluestone in January 2023. The company recently announced the acquisition of Excet, Inc., a Springfield, Virginia-based provider of scientific research and engineering services to DoD clients. Precise Systems is combining the capabilities and experience of both Excet and JHT to bring a broader range of solutions and deeper expertise to its core customers.
About Precise Systems
Precise Systems, a solutions-driven company, demonstrates a strong commitment to supporting the warfighter’s needs through innovation and expert consultation. It leverages its highly skilled workforce to provide top-notch service, focusing on various aspects of defense systems, including network and weapons systems acquisition, maintenance, modernization, and sustainment programs. The company’s expertise spans Digital Transformation, Advanced Engineering, Physical Sciences Research, Platform Lifecycle Support, and Technical Services, ensuring comprehensive support for defense programs at every stage of their lifecycle. One of Precise Systems’ key strengths lies in its ability to manage complex customer needs effectively. By offering tailored solutions and exceptional service, the company consistently meets and exceeds customer expectations. With a track record of success and a commitment to excellence, Precise Systems continues to be a trusted partner in advancing defense capabilities and supporting the warfighter’s mission.
Media Contact: Kristina “Nina” McKeaver | (240) 317-5360 | KMckeaver@GoPrecise.com
About Bluestone Investment Partners
Bluestone is a private equity firm investing exclusively in lower middle-market companies in the defense and government services arena. Bluestone’s principals have a long and successful track record owning, operating, investing in, and advising companies in the defense and government services sector.
Precise Named to Inc.’s Mid-Atlantic Region’s Fastest-Growing Private Companies
With a Two-Year Revenue Growth of 61 Percent, Precise Systems Ranks No. 141 on Inc. Magazine’s List of the Mid-Atlantic Region’s Fastest-Growing Private Companies
Companies on the 2023 Inc. 5000 Regionals: Mid-Atlantic list had an average growth rate of 381 percent.
LEXINGTON PARK, MD, February 28, 2023 — Inc. magazine today revealed that Precise Systems is No. 141 on its fourth annual Inc. 5000 Regionals: Mid-Atlantic list, the most prestigious ranking of the fastest-growing Mid-Atlantic private companies, based in the District of Columbia, Delaware, Maryland, North Carolina, Virginia, and West Virginia. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Mid-Atlantic economy’s most dynamic segment–its independent small businesses.
The companies on this list show a remarkable rate of growth across all industries in the Mid-Atlantic region. Between 2019 and 2021, these private companies had an average growth rate of 381 percent and, in 2021 alone, they added 14,439 jobs and $2.66 billion to the Mid-Atlantic region’s economy. Companies based in the Richmond, Virginia and Washington, D.C. areas had the highest growth rates overall.
Complete results of the Inc. 5000 Regionals: Mid-Atlantic, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/mid-atlantic.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outside impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
ABOUT PRECISE SYSTEMS
Precise Systems is a solutions-based company currently working for the U.S. Navy, U.S. Marine Corps, and U.S. Air Force. Our core capabilities include Digital Transformation, Advanced Engineering, Acquisition & Lifecycle Support, Information Technology, and Technical Services. We were founded in 1990, and since our establishment, we have been providing cutting-edge solutions and support to our warfighters. Additionally, we understand and provide expert consultation on network and weapons systems acquisition programs, maintenance/modernization programs, and sustainment programs. For over 30 years, Precise Systems has demonstrated and perfected our ability to manage any task, no matter how difficult or complex.
Company Contact:
Nina McKeaver
kmckeaver@goprecise.com
http://www.goprecise.com
More about Inc. and the Inc. 5000 Regionals
Methodology
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.