DRCO Dynamics Research Corp. (MM)

ANDOVER, Mass., Aug. 29 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) today announced that it was awarded a $1.49 million task order under the Air Force's Design and Engineering Support Program (DESP II) contract. Under the terms of the task order, awarded through the Oklahoma City Air Logistics Center at Tinker Air Force Base, DRC will support the C/KC-135 Aircraft Systems Engineering Program (ASEP), including the development and implementation of solutions to challenges identified by the government as materially influencing C/KC-135 aircraft mission readiness. "This marks DRC's ninth task order award under DESP II, and highlights our commitment to providing exceptional engineering and high-level technical services in support of all Air Force weapon systems, components, and support equipment," said Robert L. Smith, Senior Vice President and General Manager, Acquisition Management and Engineering Group, DRC. "We will continue to apply our expertise to incorporate proven technologies and methods into Air Force infrastructure to sustain and enhance DoD weapons systems." Under this task order, which has a performance period of 18 months, DRC and subcontractor General Atomics will perform engineering design, prototype, and system level testing to obtain data required for airworthiness certification. Solution development may require but is not limited to: developing detailed corrective actions; redesigning components and/or sub-components; preparing certification documents for landing gear system improvements; preparing financial documents for components/sub-systems that require program approval and funding for production implementation; validating and verifying aircraft and affected commodity technical orders; developing test plans for component and/or system-level evaluation; and analyzing corrective actions including technical and economic factors. DESP II is 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 Force Air Logistics Centers (ALC) through 2012. As one of 20 prime contractors on the award, the DRC DESP II Team provides the incumbent expertise, stability, capability and skills necessary to successfully serve the USAF and all aspects of DESP II. 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. Investors: Dave Keleher Media: Duyen "Jen" Truong, SVP and Chief Financial Officer Sage Communications 978.289.1615 (for DRC) 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, for Dynamics Research Corporation Web site: http://www.drc.com/

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