DRCO Dynamics Research Corp. (MM)

ANDOVER, Mass., Jan. 11 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) today announced that its wholly owned subsidiary, HJ Ford, has received a prime contract award totaling $5.7 million in annualized revenue for Advisory & Assistance Services to the B-2 Systems Group at Wright-Patterson Air Force Base, Ohio. This amount represents a combination of renewal and new work. This task order contract consists of $0.9 million of continued renewal effort and $4.8 million of incremental new work. This award has been made against HJ Ford's Blanket Purchase Agreement with the Aeronautical Systems Center, which requires the delivery of programmatic services to key Air Force weapon systems management offices. Under this one-year task order, HJ Ford and its teammates will provide the B-2 Systems Group with program management, technical, and administrative support to the Programs, Low Observable, Airframe, Armament, and Integration Management branches within the B-2 Systems Group organization. "DRC, through its subsidiary company HJ Ford, is delighted to have the confidence of the Aeronautical Systems Center; as demonstrated by the award of this competitive task order from the B-2 Systems Group. Our Wright Paterson AFB-based team, together with our key partners, will deliver the highest caliber support in the most efficient manner possible," said Robert L. Smith, DRC senior vice president and general manager. About Dynamics Research Corporation DRC is headquartered in Andover, Massachusetts and has major offices in Vienna, Virginia and Fairborn, Ohio. The company has 27 additional field offices throughout the United States providing direct support to all branch services of the Department of Defense. Dynamics Research Corporation is an innovative solutions provider that partners with its customers to apply proven processes and technologies. For more than 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: Media: Elise Caffrey, Vice President & Treasurer Geoff Livingston (978) 289-1545 (703) 748-0300, Ext. 203, DATASOURCE: Dynamics Research Corporation CONTACT: Elise Caffrey, Vice President & Treasurer, +1-978-289-1545, ; or Geoff Livingston, +1-703-748-0300, Ext. 203, both for Dynamics Research Corporation Web site: http://www.drc.com/

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