DRCO Dynamics Research Corp. (MM)

Air Force Materiel Command Awards DRC Design Engineering Support Program II ID/IQ Contract ANDOVER, Mass., July 6 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) announced today that the Air Force Materiel Command (AFMC) granted the company an Indefinite Delivery-Indefinite Quantity (ID/IQ) Design Engineering and Support Program II (DESP II) contract with a ceiling of $1.9 billion to provide design, engineering and technical support services. Task orders under the contract may be received through June, 2010 and must be completed by June, 2012. DRC is one of 10 prime contractors on the award and assembled a team of 30 subcontractors, including 22 small and/or disadvantaged businesses. "The effects of uncertain funding levels and the looming threat of base closure with its resultant realignments are compounded by the need to get equipment quickly to the warfighter in ongoing operations in order to sustain current weapon systems," said DRC senior vice president and general manager, Robert L. Smith. "Our DESP prime experience, the possession of deep technical expertise to meet the military's needs, a superior program management team, and a superb group of subcontractors provides DRC the latitude to successfully serve the DoD." "Providing across-the-board support to the warfighter in a wide variety of elements requires a solution that is delivered rapidly, efficiently and effectively," added Smith. "DRC's experience identifying and implementing process improvements only adds to the benefits the warfighter will receive with better systems and lower costs. We look forward to continuing to assist the U.S. Air Force Logistics Centers (ALCs) and other DESP II clients achieve their missions." AFMC evaluated 29 contract bids, and awarded six prime contracts and four small business set-aside contracts. To win its prime contract, DRC demonstrated technical excellence in engineering design, integration, system modifications, process analysis, and maintenance/repair operations. A systems integrator with a 50-year history of successful support to the DoD, DRC has provided direct support to ALCs since 1991. 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, Sage Communications (703) 748-0300, Ext. 203, DATASOURCE: Dynamics Research Corporation CONTACT: Elise Caffrey, Vice President & Treasurer of Dynamics Research Corporation, +1-978-475-9090, Ext. 1309, ; or Geoff Livingston of Sage Communications, +1-703-748-0300, Ext. 203, Web site: http://www.drc.com/

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