DRCO Dynamics Research Corp. (MM)

ANDOVER, Mass., June 21 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) today announced that it received a $4.0 million task order under its Air Force's Design and Engineering Support Program (DESP II) prime contract. DRC has now been awarded seven tasks on the DESP II contract valued at $27.2 million and ranks first among the 13 large business prime contractors and third overall among all 20 large and small business DESP II primes. This effort, awarded through the Air Logistics Center at Hill Air Force Base, Utah, provides continued Advisory and Assistance Services (A&AS) in support of the management, analysis and evaluation of performance metrics, parts availability data, production status, funds and forecast information, and technical order changes for the 84th SCSG/Space and C(3)I Systems Combat Sustainment Group, Ogden Air Logistics Center. The A&AS task, which has a one year basic period of performance with two one-year options, falls under the company's previously announced DESP II award; an Indefinite Delivery-Indefinite Quantity (ID/IQ) contract with a ceiling of $1.9 billion to provide design, engineering and technical support services to the Air Forces Air Logistics Centers (ALC) through 2012. A systems integrator with a 50-year history of successful support to the DoD, DRC has provided direct support to ALCs since 1991. "DRC is delighted to continue providing A&AS support to the 84th Space and C�I Systems Combat Sustainment Group; a relationship we have enjoyed for the past eight years" said DRC senior vice president and general manager, Robert L. Smith. "Our efforts will assist in improving the weapon system sustainment effort as it relates to the identification of funding issues, supply and repair challenges, performance metric variances, and the early detection of technical data deficiencies that permit weapon system managers to be proactive in the correction of these faults." 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. CONTACT: investors, Dave Keleher, SVP and Chief Financial Officer, 978.289.1615, ; or media, Duyen "Jen" Truong, Sage Communications (for DRC), 703.584.5645, . DATASOURCE: Dynamics Research Corporation CONTACT: investors, Dave Keleher, SVP and Chief Financial Officer, 978-289-1615, ; or media, Duyen "Jen" Truong, Sage Communications (for DRC), 703-584-5645, Web site: http://www.drc.com/

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