2005 Post 200
GTSI Corp.
3901 Stonecroft Blvd.
Chantilly, Va. 20151
www.gtsi.com
Industry: Government services
Post 200 Category: Top 125 Companies
Revenue: $1.08 Billion
Net Income/Loss: $10.26 Million
Earnings per share: $1.09
Dividend: n/a
Stockholder equity: $92.14 Million
Auditor: Ernst & Young LLP
Stock: GTSI
Assets: $296.39 Million
Market capitalization: $86.74 Million
52-week high: 12.3 5/28/2004
52-week low: 7.86 8/19/2004
Chairman and CEO: M. Dendy Young
CFO: Thomas A. Mutryn
Employees: 850
Local employees: 800
Description: GTSI sells information technology products to federal, state and local government agencies. It partners with companies such as Panasonic Corp., Cisco Systems Inc., Sun Microsystems Inc., Hewlett-Packard Co. and Microsoft Corp. to provide hardware and software for government contracts. Last year, GTSI did 35 percent of its business with the Department of Defense, 40 percent with other federal agencies, 20 percent with prime contractors and 5 percent with state and local governments
Developments: Last year GTSI cleared the $1 billion mark in annual sales for the first time. It also won a contract to provide a video surveillance system for the Super Bowl. Revenue rose more than 12 percent, and the company's employee base jumped almost a quarter — to 850 workers from 685 the year before. The growth came from an expanding customer base, including the new market of security-related work, the company said. Among GTSI's top-selling products were desktop and laptop computers, including a Panasonic "Tough Book" mobile computer made more rugged for military use. The company developed new markets for the product, including local police departments, homeland security offices and the Federal Emergency Management Agency, which used the laptops during last year's busy hurricane season in Florida.