Dynamics Research Corporation Awarded $3 Million in Contracts
18 Maio 2005 - 6:56PM
PR Newswire (US)
Dynamics Research Corporation Awarded $3 Million in Contracts
ANDOVER, Mass., May 18 /PRNewswire-FirstCall/ -- Dynamics Research
Corporation (NASDAQ:DRCO) announced today that InfoPro Corporation
and Asynchrony Solutions, Inc. are each awarding it separate
subcontracts to support the Joint Explosive Ordnance Disposal
(JEOD) Advanced Concept Technology Demonstration (ACTD). DRC
anticipates revenues under these contracts that will run from May
2005 through September 2005 will be approximately $3 million. DRC
is part of an integrated team developing the JEOD Decision Support
System (DSS). The JEOD DSS is designed to provide operational and
training support to Explosive Ordnance Disposal (EOD) personnel
confronting threats such as Improvised Explosive Devices (IEDs).
DRC and other team members are supporting the JEOD DSS development
by providing systems, software, database, and engineering services
for the DSS and providing subject matter expertise on EOD
operations. "DRC is pleased to continue our support for the
critical EOD role of protecting our warfighters by providing
support for combating the IED threat," said James P. Regan, DRC
chairman and chief executive officer. DRC will lead this effort
from its Orlando, Florida office. The JEOD DSS consists of three
main components: the Mobile Field Kit (MFK) application, the JEOD
Portal and the JEODNET infrastructure component. The MFK provides
EOD technicians with numerous functions including access to a
knowledge base containing information on known IEDs and unexploded
ordnance. The JEOD Portal allows EOD technicians anywhere in the
world to access training and intelligence reports. The JEODNET
infrastructure is the supporting backbone of the JEOD DSS,
providing network connectivity and security features and allowing
EOD technicians in the field to communicate with experts at other
locations. About Dynamics Research Corporation Dynamics Research
Corporation is an innovative solutions provider that partners with
its customers to apply proven processes and technologies. For 50
years, DRC has delivered technical and information technology
services that enhance the performance and cost effectiveness of its
customers' mission critical systems. For additional information
about DRC please visit the website at http://www.drc.com/. Safe
harbor statements under the Private Securities Litigation Reform
Act of 1995: Some statements contained or implied in this news
release, may be considered forward-looking statements, which by
their nature are uncertain. Consequently, actual results could
materially differ. For more detailed information concerning how
risks and uncertainties could affect the company's financial
results, please refer to DRC's most recent filings with the SEC.
The company assumes no obligation to update any forward-looking
information. CONTACT: Elise Caffrey, Vice President & Treasurer
(978) 475-9090, Ext. 1309 DATASOURCE: Dynamics Research Corporation
CONTACT: Elise Caffrey, Vice President & Treasurer of Dynamics
Research Corporation, +1-978-475-9090, ext. 1309, Web site:
http://www.drc.com/
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