DRCO Dynamics Research Corp. (MM)

ANDOVER, Mass., July 31 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) today announced that it received an additional task order under the Air Force's Design and Engineering Support Program (DESP II) contract. The $8 million effort, known as Department of Defense Business Intelligence and Acquisition Systems Support, was awarded through the Ogden Air Logistics Center at Hill Air Force Base, Utah. Under this task order, which has a period of performance of 40 months with options, DRC will provide functional and technical support services including engineering, analytical and project management services in support of the Army Business Center for Acquisition Systems Team at the U.S. Army's Software Engineering Center, Fort Lee, Maryland. The program supports several Department of Defense and Army acquisition systems and initiatives such as the Acquisition Spend Analysis Solution, the Standard Procurement System, and the Army Contracting Business Intelligence System. DRC has been actively supporting these programs at Software Engineering Center for more than 9 years. The award enables DRC to continue and expand work with these customers. "DRC is pleased to participate in this leading-edge program, and looks forward to supporting the Software Engineering Center with the full range of our technical capabilities," said DRC Senior Vice President and General Manager Jeanne LeFevre. 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: Dave Keleher, Senior Vice President and Chief Financial Officer, +1-978-289-1615,mailto: DATASOURCE: Dynamics Research Corporation CONTACT: Dave Keleher, Senior Vice President and Chief Financial Officer, +1-978-289-1615,mailto: Web site: http://www.drc.com/

Copyright