Space Mark to consolidate

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Space Mark Inc., a military contracting firm, will relocate and consolidate its operations into a building on Tech Center Drive, which will cover more than 20,000 square feet. The new location, located adjacent to the present site at 5475 Tech Center Drive, is scheduled for completion this spring. Another office on North Tejon Street will also be a part of the consolidation.

Space Mark was acquired in 1991 by the Aleut Corporation to help preserve and enrich the heritage of the Aleutian Indians native to Alaska. Prior to that time, SMI had served as a consulting firm, aiding companies seeking government contracts to write more effective proposals. Because of minority status and excellent work ethics, the U.S. Small Business Administration named the company, headquartered in Colorado Springs, as the Small Business Prime Contractor of the Year in 1994.

Since SMI’s inception, revenue has reached more than $20 million dollars annually.

SMI has become a major player in the government contracting wars, according to Mary Davis, SMI executive vice-president. Written recommendations for SMI have been submitted by the U.S. Army, the Department of the Interior, and the Department of Transportation.

The company is a wholly owned subsidiary of the Aleut Corporation and Alaska Native Corporation.

The fledgling firm, which started out with two contracts, now has a total of 15, including one just awarded. The contract will incorporate the firm’s knowledge to the management of Adak, an island off the coast of Alaska. The new contract with Adak will call for SMI to maintain the island for a period of two years. SMI will then turn the island over to the Aleut Indians, where commercial prospects will be investigated.

Laura Bandeko, manager of cost and pricing for the company, noted the duties SMI performs are diversified and countless. SMI manages issues relating to physical and infrastructure requirements of complex operations critical to the customer’s needs.

Davis believes the success the company has experienced comes from several factors.

“When the company was acquired by the Aleut Corporation, things went very well,” said Davis. “Because of excellent connections and a well-deserved reputation by SMI which had already been established, we were able to thrive.”

Davis also asserted the budget pressures the clients face are well understood by SMI’s team of professionals.