Dynamics Research Corporation Awarded $2.5 Million U.S. Marine Corps Reverse Engineering Contract
27 Junho 2005 - 6:19PM
PR Newswire (US)
Dynamics Research Corporation Awarded $2.5 Million U.S. Marine
Corps Reverse Engineering Contract ANDOVER, Mass., June 27
/PRNewswire-FirstCall/ -- Dynamics Research Corporation
(NASDAQ:DRCO) today announced that the U.S. Marine Corps Systems
Command in Albany, GA., has awarded the company a new reverse
engineering contract with a potential value of $2.5 million,
including options. The contract supports the joint services
configurable automatic telephone switch and subscriber service,
SB-3865 Tri-Service Tactical (TRI-TAC) Switchboard, currently
deployed by U.S. Marines worldwide. DRC's Memory Circuit Card
Assembly (MEM CCA) will replace the Solid State Bulk Storage Unit
card in the SB-3865 TRI-TAC Switchboard, the essential link that
facilitates and ensures timely, secure two-way communications
between strategic command authorities and their tactical fighting
forces. Current year revenues under this contract, which began June
16, 2005 and is expected to run through March 10, 2006, are
anticipated to be $1.5 million. "Ensuring clear and accurate
tactical and strategic communication is at the heart of maintaining
the warfighter's edge," said James P. Regan, DRC president,
chairman and CEO. "When critical technologies and materials such as
the SB-3865 TRI-TAC Switchboard are discontinued, irreparable or
obsolete, it directly threatens mission-critical capabilities.
DRC's acquisition management services competency includes services
to support the entire acquisition life cycle of products like this
to keep military personnel at peak performance, while avoiding the
enormous cost and time of designing new systems." MEM CCA was
designed and developed in DRC's Engineering and Test Operations
Center, where the company performs reverse engineering services for
the Department of Defense (DoD) customers as part of a larger
effort to help resolve Diminishing Manufacturing Sources and
Material Shortages issues, which occur when manufacturers
discontinue the production of items and equipment. 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.
INVESTORS 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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