Cicero, October 10 — SRC Inc., a defense research and development company headquartered in Cicero, New York, was selected by a joint Pentagon task force to supply counter-drone technology under a contract worth up to $500 million over the next three years. The contract is part of the Domestic Shield initiative, a joint defense task force focused on protecting U.S. military installations and critical defense infrastructure from drone attacks.
SRC Inc. is one of only 10 defense contractors nationwide chosen to participate in this effort, which has a total potential value of up to $7 billion across all selected vendors.
Contract Details
Under the new agreement, SRC received an initial order valued at $10.2 million to deliver three Gryphon radar systems, including installation and support services. The Gryphon radar is capable of simultaneously detecting and tracking drones, ground vehicles, soldiers, ships, and incoming threats from rockets, artillery, and mortar fire. Defending forces and critical infrastructure against drones is one of the most urgent security challenges facing the United States, according to Kevin Hair, SRC’s president and CEO.
SRC Inc. has supplied the U.S. Army with radars and electronic jamming technology for drone defense for the past decade.
Company Background
Founded in 1957 as a research affiliate of Syracuse University, SRC Inc. operates as a not-for-profit organization and has experienced significant growth, with revenues increasing 44 percent over the past five years from $333 million in fiscal 2021 to $479 million in the most recent fiscal year. The company has offices in the Syracuse suburbs and four other U.S. cities, as well as international operations in Canada, the United Kingdom, Australia, and Saudi Arabia.
The initial order will help maintain SRC’s U.S. workforce, and the company is currently hiring to fill 28 open positions in the Syracuse area.
Looking Ahead
With the contract award, SRC Inc. is poised to play a significant role in the ongoing efforts to protect U.S. As the threat landscape continues to evolve, it will be important to watch how the company and its partners in the Domestic Shield initiative adapt and respond to new challenges. For now, the focus is on delivering the Gryphon radar systems and supporting the U.S. military’s counter-drone efforts.
