DRCO Dynamics Research Corp. (MM)

Dynamics Research Corporation Expands Role in Future Combat Systems Training Deal Valued at $6 Million ANDOVER, Mass., June 22 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) announced today that the company was awarded a $6 million contract to augment its role in the U.S. Army's Future Combat Systems (FCS) program. Under the terms of the contract, DRC will perform training analysis to support leader and battle staffs and will ensure development of comprehensive training products for FCS. The FCS program is a family of systems that will provide the basis for transforming the Army's forces. It will be a networked, multifunctional, multi-mission re-configurable collection of systems designed to maximize joint interoperability, strategic transportability, and commonality of mission roles. The new FCS work will take place July 1, 2005 through September 30, 2008 at various DRC facilities. Revenue from this new FCS contract will be $2 million each year. "We are pleased that this important customer continues to expand the use of DRC's training and performance support solutions and services on the Army's key transformational program. The company's recognized strength in this area is well positioned to support the intent of FCS, specifically creating a lighter, more effective mobile army," said James P. Regan, DRC president, chairman and chief executive officer. "DRC is committed to help the U.S. Army meet and succeed at the challenges ahead of us." 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. CONTACTS: Investors: Elise Caffrey, Vice President & Treasurer (978) 475-9090, Ext. 1309, Media: Geoff Livingston (703) 748-0300, Ext. 203, DATASOURCE: Dynamics Research Corporation CONTACT: Elise Caffrey, Vice President & Treasurer, +1-978-475-9090, Ext. 1309, , or Geoff Livingston, +1-703-748-0300, Ext. 203, Web site: http://www.drc.com/

Copyright