CICERO, N.Y. — SRCTec LLC has been awarded a more-than $9.2 million hybrid (cost-plus-fixed-fee and firm-fixed-price) contract from the U.S. Army.

The pact is for the procurement of hardware and services to address the system-sustainment needs for the Counter Radio-Controlled Improvised Explosive Device Electronic Warfare Duke Family of Systems, according to a Dec. 11 Defense Department contract announcement.

Bids were solicited via the internet with one received. Work will be performed at SRCTec’s Syracuse–area facility, with an estimated completion date of Dec. 10, 2021, the announcement stated.

Fiscal 2021 operation and maintenance (Army) funds totaling $9,222,754 were obligated at the time of the award. The U.S. Army Contracting Command in Aberdeen Proving Ground, Maryland, was the contracting authority.

SRCTec, based in Cicero, describes itself as a manufacturing and life-cycle management company specializing in the production of advanced military electro-mechanical products. The company is a wholly owned subsidiary of SRC, Inc., which is a nonprofit research and development company also headquartered in Cicero.

CICERO, N.Y — The man who had been serving as vice chair of the SRC Inc. board of trustees will now lead the board.

Joseph Corasanti succeeds Lt. Gen. Donald Kerrick, U.S. Army, (Ret.) in the role. Kerrick remains a board member, SRC said.

In addition, the SRC board has also elected Joan Dempsey as the new vice chairperson, succeeding Corasanti in that role.

Allen Naples, M&T Bank regional president and senior VP of the Central New York region, is retiring from his role on the board, after having served for nearly 19 years. 

“Mr. Corasanti has been a member of our board of trustees since 2015 and in that time has provided great leadership. In addition, Ms. Dempsey has proven to be a great addition to our board, bringing industry insight and guidance,” Kevin Hair, president and CEO of SRC, said in a release. “Together, their knowledge and business acumen will continue to be an invaluable resource to both SRC and the board.”

SRC is a nonprofit corporation headquartered in Cicero that focuses on areas that include defense, environment, and intelligence.

About Corasanti

Corasanti is the former president and CEO of ConMed Corporation (NYSE: CNMD), a manufacturer of surgical devices headquartered in Utica. During his tenure with ConMed, he served as both president and COO, and as president and CEO. 

Corasanti presided over “strong revenue and earnings growth resulting in the company more than doubling its sales and stock market value while at the same time consolidating manufacturing facilities to reduce costs,” SRC said. He stepped down from his role as president and CEO in July 2014.

Prior to joining ConMed, Corasanti was an attorney with the law firm of Morgan, Wenzel and McNicholas in Los Angeles, California. 

Corasanti is also currently a member of the board of directors of IIVI Incorporated (NASDAQ: IIVI), serving as chairman of the audit committee and past chair of the compensation committee. He is also a member of the college council at SUNY Polytechnic Institute. 

About Dempsey

Dempsey is retired from Booz Allen Hamilton. Prior to her retirement, she served as executive VP in the firm’s defense intelligence group and functional service organization. 

During her career in the federal government, Dempsey was appointed to serve as deputy director of central intelligence for community management and as executive director of the president’s Foreign Intelligence Advisory Board. Dempsey also has 17 years of experience as a senior civilian in the U.S. Department of Defense, working as deputy assistant secretary of defense for intelligence and security and as the designated (acting) assistant secretary of command, control, communications, and intelligence. 

Dempsey has been granted an honorary doctorate from the National Intelligence University, holds a master’s degree from the University of Arkansas, and has a bachelor’s degree from Southern Arkansas University, SRC said.