Dynamics Research Corporation Awarded New $22 Million ID/IQ by United States Army
08 Junho 2006 - 1:47PM
PR Newswire (US)
ANDOVER, Mass., June 8 /PRNewswire-FirstCall/ -- Dynamics Research
Corporation (NASDAQ:DRCO) announced today that it has been awarded
a new Indefinite Delivery/Indefinite Quantity (ID/IQ) contract by
the United States Army with a potential value of $22 million over
five years to support the United States Army Training and Doctrine
Command (TRADOC) Analysis Center (TRAC) at Ft. Leavenworth, Kansas
with operation analysis, experimentation, warfighting scenarios,
combat modeling and simulations, operational effectiveness analysis
and planning, and decision aids. "This contract award reflects the
United States Army Training and Doctrine Command's high level of
satisfaction with DRC-provided solutions and its confidence in our
continuing support to help them meet the future Army's warfighting
demands," said DRC chairman, president and CEO James P. Regan.
"This important new customer expands the scope of work that DRC
provides in the Ft. Leavenworth area, including support to the
Collective Training Directorate, the Combat Studies Institute, the
Army Research Institute, TRADOC Program Integration Office for
Battle Command and the Center for Army Lessons Learned." The
contract, which is scheduled to begin July 1, 2006, includes one
base year and four option years. DRC will assist TRAC in conducting
major studies and analysis to support Army doctrine, organization,
training, material, leadership, personnel and facilities issues
associated with Army transformation. DRC will help TRAC develop,
manage, operate, and maintain the tools, scenarios, data and
simulations needed to enable analysis. 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. CONTACT: Investors: Elise Caffrey,
Vice President & Treasurer (978) 289-1545, DATASOURCE: Dynamics
Research Corporation CONTACT: Elise Caffrey, Vice President &
Treasurer of Dynamics Research Corporation, +1-978-289-1545, Web
site: http://www.drc.com/
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