Dynamics Research Corporation Awarded Defense Department Logistics Contract
13 Maio 2008 - 12:22PM
PR Newswire (US)
- Logistics Leader Selected for $268 Million Task Order Contract -
ANDOVER, Mass., May 13 /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 six companies to be awarded a prime Logistics,
Maintenance and Supply Support (LMSS) contract to provide lifecycle
management services across Defense Department Services. This
indefinite delivery and indefinite quantity contract (ID/IQ),
awarded through the Army's Program Executive Office for Enterprise
Information Systems, is for a base year with four one-year options.
"We are pleased that the Department of Defense has selected DRC as
a preferred provider of logistics systems and services supporting
joint service initiatives," said James P. Regan, DRC's chairman and
chief executive officer. "This contract provides us access to and
growth opportunities with Army, Navy and Marine Corps customers,
who have needs for DRC's outstanding business intelligence systems,
business transformation, engineering, and acquisition management
solutions and services." Under the terms of the contract, DRC will
provide total life cycle systems management associated with the
planning, implementation, execution and retirement of business
processes and systems solutions for LMSS activities. These
solutions will aid defense program managers with objectives to move
to an enterprise-wide, life cycle alignment of resources and output
and to achieve top-down performance driven outcomes. 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: Marisa Hagerman
Sage Communications (for DRC) 703.584.5637 DATASOURCE: Dynamics
Research Corporation CONTACT: Investors: Dave Keleher, SVP and
Chief Financial Officer of Dynamics Research Corporation,
+1-978-289-1615, ; or Media: Marisa Hagerman of Sage
Communications, +1-703-584-5637, , for Dynamics Research
Corporation Web site: http://www.drc.com/
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