Stanley, Inc.

Stanley, Inc. (NYSE:SXE), acquired by CGI Group in 2010, is an information technology company based in Arlington, Virginia. Founded in 1966, it operated as a small, entrepreneurial consulting company.

Stanley made its initial public offering on the New York Stock Exchange in October 2006, selling 6.3 million shares for $13.00/share, raising $81.9 million. A majority of stocks are owned by officers, directors and employees (the latter through an employee stock ownership plan).

The company’s largest customer is the U.S. Army. It also holds contracts with the U.S. Marine Corps, U.S. Navy, Department of State, and Department of Homeland Security. It operates facilities for the production of United States passports and for mailroom work and data entry for applications for U.S. visa and citizenship.

The company controversially reduced wages when it took over the management of two facilities in St. Albans, Vermont, and Laguna Niguel, California in December 2007 which process immigration documents. The United Electrical workers union (UE) became involved in an effort to create a union to protect low paid employees who process immigration records. As it was about to assume control, Stanley announced that it would be changing job classifications at the facilities, resulting in a pay decrease of about 12 percent which prompted Sen. Bernie Sanders from Vermont to call on the Labor Department to investigate what he charged was a violation of the Service Contract Act.

A July 2007 report by the Government Accountability Office on passport and visa security outlines the potential dangers of outsourcing passport functions to contractors like Stanley Inc.

In March 2008, the U.S. Department of State, which is responsible for issuing U.S. passports, stated that two employees of a Stanley Associates subcontractor had been fired for improperly accessing the passport application file of (then) presidential candidate Barack Obama. The company published a press release on March 21, 2008. In each case, Stanley took immediate disciplinary action and employees were terminated the day the unauthorized search occurred. Stanley also stated its general policy and practice to cooperate fully with any potential Government investigation.

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