Founders Peter Swerling Number of employees 400 Founder Peter Swerling Type of business Private | Website tsc.com Revenue 37.2 million USD Founded 1966 | |
Key people Michael Syracuse (President and CEO) Products Electronics
Engineering services Headquarters Silver Spring, Maryland, United States Subsidiaries MagnaCom, Inc., Phase IV Systems, Inc., Praxis, Inc. | ||
Technology Service Corporation (TSC) is an American engineering company headquartered in Silver Spring, Maryland, providing services and specialized products to the U.S. government agencies and private industry.
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History
In 1966, Technology Service Corporation was founded in Santa Monica, California by Peter Swerling. The firm made an IPO in 1983, and then was acquired by Westinghouse Electric Corporation in 1985. Spun off from Westinghouse, it became an employee-owned company in 1993.
Current business
TSC's current customers include the U.S. Department of Defense, the Federal Aviation Administration, international civil aviation agencies, and radar system suppliers. 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. TSC provides consulting engineering services in modeling and testing, systems engineering, and procurement and deployment.
Estimated current annual revenue is US$37.2 million; the company has approximately 400 employees.
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.
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.
Locations
The company is headquartered in Silver Spring, Maryland; it moved to its present address in 1996. Additional locations include 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.
Peter Swerling award
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.