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Technology Service Corporation

From Wikipedia, the free encyclopedia
Technology Service Corporation (TSC)
Company typePrivate
FoundedSanta Monica, California, United States (1966 (1966))
FoundersPeter Swerling
Headquarters
Key people
Brandon Wolfson (President and CEO)
Products
  • Electronics
  • Engineering services
RevenueUS$182.8 million
Number of employees
526
Websitetsc.com
Footnotes / references
[1][2][3][4][5]

Technology Service Corporation (TSC) is an American engineering company headquartered in Arlington, Virginia, providing services and specialized products to the U.S. government agencies and private industry.[2]

History

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In 1966, Technology Service Corporation was founded in Santa Monica, California by Peter Swerling.[3] The firm made an IPO in 1983, and then was acquired by Westinghouse Electric Corporation in 1985.[6] Spun off from Westinghouse, it became an employee-owned company in 1993.[3]

Current business

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TSC's current customers include the U.S. Department of Defense, the Federal Aviation Administration, international civil aviation agencies, and radar system suppliers.[2] The company's sensor systems include primary and secondary radars and weather radars; it engages in prototype development, circuit board manufacture, geographic information systems, and computer applications for simulation and radar siting; it also produces microwave test equipment.[2] TSC provides consulting engineering services in modeling and testing, systems engineering, and procurement and deployment.[2]

As of 2024, estimated current annual revenue was US$182.8 million, up from US$125.6 million in 2023; the company had approximately 526 employees.[5]

In partnership with the Air Force Research Laboratory, Technology Service Corporation developed the Sea Dragon system, a tracking system to document illegal maritime fishing. The system uses synthetic aperture radar and video imaging mounted on inexpensive commercial aircraft such as the Cessna 337.[7]

In 2008, the company's then-CFO, Michael Syracuse, received a Washington Business Journal Award for Financial Excellence in the Government Contracting (Less than $500 Million) category; the award recognizes "competent, confident and ethical financial professionals" who have done exceptional work in their field.[8]

In 2018, Brandon Wolfson was named President and CEO.[4]

Locations

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The company is headquartered in Arlington, Virginia;[1] it was previously located in Silver Spring, Maryland.[2][9] As of 2014, additional locations included three offices in the Washington metropolitan area; two offices elsewhere in Virginia; Huntsville, Alabama; Colorado Springs, Colorado; Los Angeles, California; Scottsdale, Arizona; Trumbull, Connecticut; and Bloomington, Indiana.[10] The facility in Dahlgren, Virginia, supporting contracting for the Naval Surface Warfare Center and the Missile Defense Agency, was recently expanded.[11]

Peter Swerling Award

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TSC recognizes its founder by granting the Peter Swerling Award for Entrepreneurial Excellence to select employees who have made significant contributions to the growth and success of the company.[12]

References

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  1. ^ a b "Technology Service Corporation". Technology Service Corporation. Retrieved 19 March 2018.
  2. ^ a b c d e f "Company Overview of Technology Service Corporation". Bloomberg Businessweek. Bloomberg L.P. Archived from the original on September 12, 2014. Retrieved 12 September 2014.
  3. ^ a b c Berry, Lucy. "Technology Service Corporation consolidates offices in Research Park facility, plans to add 50 new jobs next year (photos)". AL.com. Alabama Media Group. Retrieved 12 September 2014.
  4. ^ a b "History of TSC". Technology Service Corporation. Retrieved 20 May 2019.
  5. ^ a b "05-388-5604. Technology Service Corporation". Mergent Intellect by FTSE Russell. Mergent. Retrieved 15 November 2024.
  6. ^ Golomb, Solomon W. (9 April 2001). "Obituaries: Peter Swerling". Society for Industrial and Applied Mathematics. Retrieved 10 September 2014.
  7. ^ "Saving the Sea". Air Force Research Laboratory. Retrieved 12 September 2014.
  8. ^ Orfinger, Alex (8 December 2008). "Awards For Financial Excellence". Washington Business Journal. American City Business Journals. Retrieved 13 September 2014.
  9. ^ Hall, Thomas C. (9 December 1996). "Silver Spring strikes gold". Washington Business Journal. American City Business Journals. Retrieved 13 September 2014.
  10. ^ "Contact Us". Technology Service Corporation. Archived from the original on 18 September 2014. Retrieved 21 March 2018.
  11. ^ "Technology Service Corporation celebrates the opening of new facility in Dahlgren". Fredericksburg.com. BH Media Group. 14 December 2019. Retrieved 23 December 2019.
  12. ^ "Dr. Peter Swerling Award". Technology Service Corporation. Retrieved 19 March 2018.
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