Former SRA International Inc. President and CEO Stanton Sloane wasted little time finding a new home. He's taken the reins of a California advanced security company.
It didn’t take former SRA International Inc. president and CEO Stanton Sloane to find a new gig.
Sloane has been named president and CEO of Decision Sciences International Corp., the company announced.
Decision Sciences International, a privately held company in Poway, Calif., provides advanced security and detection systems to protect against the threat of terrorism and the smuggling of illicit materials, according to an August 22 company announcement. The company is expected to relocate its headquarters to the Northern Virginia area before the end of the calendar year.
Just days after SRA International closed a $1.9 billion deal to be acquired by private equity group Providence Equity Partners, the company named William Ballhaus as its new CEO and board member.
Sloane, who held the post since April 2007, stepped down in July “to pursue other interests,” the SRA announcement said.
SRA founder Ernst Volgenau remains chairman of the board.
"We are extremely pleased that we were able to attract an industry veteran like Dr. Sloane to lead Decision Sciences into full commercialization and an international rollout of our advanced security and detection technology, specifically the Multi-Mode Passive Detection System," said Decision Sciences' Chairman Gene Ray, in the announcement.
MMPDS is a passive scanning system that uses proprietary, environmentally-friendly technology to rapidly detect, locate and classify nuclear and other threats and suspicious cargo anomalies without slowing the flow of commerce
Prior to joining SRA International, Sloane led Lockheed Martin's Integrated Systems and Solutions, a $5 billion systems integration unit that supported the Defense Department and other national security customers.
Earlier, he was president of Lockheed Martin's Management/Data Systems, where he initiated and consummated several strategic acquisitions.
After serving in the Navy, Sloane began his career with General Electric Co., holding several international business development roles for GE Aerospace, a unit that was subsequently acquired by Martin Marietta and later merged with Lockheed Martin, further reflecting his substantial, experience in business development, operations and manufacturing.