Tuesday, February 22, 2011

Back to Lanham

A little over two years ago, Integral Systems announced the move of their corporate headquarters from PG county to HoCo.

Earlier this month they announced that they're moving many of their Columbia employees back to their former facility in Lanham in order to cut expenses. According to this release, the company “has entered into a sublease on February 8, 2011, for the majority of its headquarters facility located at 6721 Columbia Gateway Drive, Columbia, Md. In conjunction with the sublease, the Company will repopulate the remaining portion of its facility in Lanham, Md.

Things have not gone well for the defense contractor since the move. According to this story by Soyoung Kim in Reuters, the company recently “hired financial advisers to review strategic alternatives, including a potential sale of the defense technology company…”

Though many employees are now headed back to their former digs the corporate headquarters will remain in Columbia...for now.
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