Dynamics Research Corporation Awarded Subcontract on Avraham Goldratt Institute's Naval Air Systems Command ID/IQ Contract
27 Março 2006 - 8:54PM
PR Newswire (US)
Choice of DRC confirms its significant capability in Lean/Six Sigma
methodology ANDOVER, Mass., March 27 /PRNewswire-FirstCall/ --
Dynamics Research Corporation (NASDAQ:DRCO) announced today that it
has been awarded a subcontract by Avraham Goldratt Institute (AGI)
to support their newly awarded Naval Air Systems Command (NAVAIR)
contract. Under this five year ID/IQ, DRC anticipates generating
between $5 million and $10 million in annual task order revenues.
The contract provides for training in and implementation of Theory
of Constraints and Lean/Six Sigma methodologies as applicable to
the Naval Aviation Enterprise. "Enterprise AIRSpeed improves naval
aviation's ability to efficiently repair and replenish critical
assets needed to achieve operational readiness across the fleet,"
said DRC senior vice president and general manager, Jeanne LeFevre.
"Theory of Constraints and Lean/Six Sigma methodologies are widely
recognized as the most effective business improvement tools. By
employing these methodologies, naval aviation will successfully
position assets across the supply chain in a manner that ensures
increased deployed and shore-based readiness, including expeditious
reconstitution of forces, at reduced costs." DRC has extensive
experience with teaching and leading Lean/Six Sigma workshops as
well as applying these tools through the Office of Naval Research's
and the Missile Defense Agency's Lean Pathways programs. Lean/Six
Sigma employs continuous process improvement methodologies to
maximize weapon system readiness while minimizing material flows
and in-process inventories. Lean eliminates all types of waste,
while Six Sigma optimizes process variation. Together Lean/Six
Sigma and the overarching Theory of Constraints allow the AGI/DRC
team to understand customer needs, collect the appropriate data
about the processes, and identify the root causes of problems and
inefficiencies to streamline operations. The end result is a more
effective, lower cost approach that achieves cost-wise readiness.
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
branches 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 our 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) 289-1545 Media: Geoff
Livingston (703) 748-0300, Ext. 203 DATASOURCE: Dynamics Research
Corporation CONTACT: Investors: Elise Caffrey, Vice President &
Treasurer of Dynamics Research Corporation, +1-978-289-1545, ; or
Media: Geoff Livingston for Dynamics Research Corporation,
+1-703-748-0300, Ext. 203, Web site: http://www.drc.com/
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