DRCO Dynamics Research Corp. (MM)

- Selected for $5 Billion Contract Providing Solutions and Services for Military Health Systems - ANDOVER, Mass., March 3 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO), a leading provider of innovative engineering, technical and information technology services and solutions to federal and state governments, announced today that it was one of 22 companies awarded a prime contract for the $5 billion TRICARE Evaluation, Analysis, Management and Support program, or TEAMS. This indefinite delivery and indefinite quantity contract with the Office of the Assistant Secretary of Defense for Health Affairs and TRICARE Management Activity has a one-year base period with nine option years. We anticipate task order RFPs will begin to flow later this year. "We are very excited to have this opportunity to bring our proven program management and business process improvement solutions to TRICARE, a program that is critical to our country and to the many veterans that work at DRC," said James P. Regan, DRC's chairman, president and CEO. "This effort is an integral part of DRC's thrust to provide more services to the military health community." Under the terms of the contract, DRC will provide services to Health Affairs in support of policy development, decision support, program and project management and administration, as well as specialized studies and analysis, performance-based budgeting, financial analysis, business process improvement, functional validation and verification, information management, acquisition management, and logistical support. DRC was selected for the TEAMS vehicle Category 2, Program Management Support, due to extensive management services expertise and proven performance supporting defense, national security and civilian government. 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; Reston, 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: Dave Keleher SVP and Chief Financial Officer 978.289.1615 Media: Duyen "Jen" Truong, Sage Communications (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 for Dynamics Research Corporation, +1-703-584-5645, Web site: http://www.drc.com/

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