Dynamics Research Corporation Awarded More Than $17 Million in New and Repeat Air Force Work
27 Abril 2006 - 3:37PM
PR Newswire (US)
ANDOVER, Mass., April 27 /PRNewswire-FirstCall/ -- Dynamics
Research Corporation (NASDAQ:DRCO) today announced that its wholly
owned subsidiary, HJ Ford, received prime contract awards totaling
$17.4 million in annualized revenue for Advisory & Assistance
Services to the Aeronautical Systems Center (ASC) at
Wright-Patterson Air Force Base, Ohio during the first quarter of
2006. The awards are comprised of $6.4 million in new business
(including a $5.7 million contract to support the B-2 Systems Group
previously announced) that is incremental to $11.0 million in
renewal efforts also received during the quarter. All tasks are for
one-year performance periods against HJ Ford's Blanket Purchase
Agreement (BPA) with the Aeronautical Systems Center which requires
the delivery of programmatic services to key Air Force weapon
systems management offices. The specific customers supported
include the Long Range Strike, Special Operations Group, Mobility
and ACS System Wings, and the F/A- 22 System Program Office. As
previously reported, the ASC BPA contract is to be replaced by the
Consolidated Acquisition of Professional Services (CAPS) ID/IQ, an
effort recently awarded by ASC to ten prime contractors, including
HMRTECH/HJ Ford Joint Venture Limited Liability Corporation. "DRC
and its subsidiary, HJ Ford, are pleased to have an opportunity to
showcase their innovative business solutions to a new set of valued
customers," said Robert L. Smith, DRC senior vice president and
general manager, Acquisition Management Services Group. "We will
endeavor to support these programs through our continued commitment
to quality services and with an enthusiasm equal to that shown our
current customers." 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 and several state
government agencies. 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: Marisa Hagerman (703) 584-5637, DATASOURCE:
Dynamics Research Corporation CONTACT: Elise Caffrey, Vice
President & Treasurer, +1-978-289-1545, , or Marisa Hagerman,
+1-703-584-5637, both of Dynamics Research Corporation Web site:
http://www.drc.com/
Copyright
Dynamics Research Corp. (MM) (NASDAQ:DRCO)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Dynamics Research Corp. (MM) (NASDAQ:DRCO)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre Dynamics Research Corp. (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Dynamics Research (MM)