Dynamics Research Corporation on Winning Team Awarded $930 Million Contract
29 Janeiro 2007 - 4:38PM
PR Newswire (US)
Company Partners with Small Business to Provide Joint Testing and
Evaluation Work ANDOVER, Mass., Jan. 29 /PRNewswire-FirstCall/ --
Dynamics Research Corporation (NASDAQ:DRCO) today announced that it
has been awarded a contract by Bevilacqua Research Corporation to
provide engineering services to the Office of Secretary of Defense
(OSD). Bevilacqua, along with 3 other contractors, was recently
awarded an Indefinite Delivery/Indefinite Quantity (ID/IQ) contract
by the OSD with a ceiling of $930 million for all contractors to
support the Joint Testing and Evaluation Program Office. The new
contract is for five years and five one-year options, for a total
possible period of performance of 10 years. "DRC is very excited to
be a partner in the JT&E program with the Office of the
Secretary of Defense," said Robert L. Smith, Senior Vice President
and General Manager, Acquisition Management and Engineering Group,
Dynamics Research Corporation. "This contract allows DRC to apply
and expand its expertise in engineering and program management in
the areas of test and evaluation. We are pleased to have the
opportunity to support the over-arching mission of the JT&E
program -- to provide quantitative, test-validated information to
assess current joint military capabilities to support warfighters."
DRC has partnered with prime contractor, and small business,
Bevilacqua Research Corporation (BRC) to provide engineering
services to the OSD JT&E in the conduct of tests to determine
the compatibility of equipment in joint environments. The services
will include data collection and analysis, task management, and
engineering analysis. JT&E programs seek to achieve
improvements in interoperability of service systems, improvement in
technical and operational concepts, improved performance of
systems, validation of testing methodologies and formulation of
data for validating models, simulations and test beds. About
Dynamics Research Corporation Dynamics Research Corporation (DRC)
is a leading provider of mission- critical technology management
services and solutions for government programs. DRC offers
forward-thinking solutions backed by a history of excellence and
customer satisfaction. Founded in 1955, DRC is a publicly held
corporation (NASDAQ:DRCO) and maintains more than 25 offices
nationwide with major offices in Andover, Massachusetts; Vienna,
Virginia; and Fairborn, Ohio. For more information 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: Media:
Dave Keleher Duyen "Jen" Truong SVP and Chief Financial Officer
Sage Communications (for DRC) 978.289.1615 703.584.5645 DATASOURCE:
Dynamics Research Corporation CONTACT: Investors: Dave Keleher, SVP
and Chief Financial Officer of Dynamics Research Corporation,
+1-978-289-1615, or ; Media: Duyen "Jen" Truong of Sage
Communications, +1-703-584-5645, or , for Dynamics Research
Corporation Web site: http://www.drc.com/
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