DRC Wins $4.8 Million Part Identification Engineering Work Under Air Force Depot Contract
07 Outubro 2008 - 10:24AM
PR Newswire (US)
ANDOVER, Mass., Oct. 7 /PRNewswire-FirstCall/ -- Dynamics Research
Corporation (NASDAQ:DRCO), a leading provider of innovative
management consulting, engineering, technology and information
technology services and solutions to federal and state governments,
today announced that it received a task order valued at $4.8
million from the U.S. Air Force Oklahoma City Air Logistics Center
at Tinker Air Force Base. The task order has an eighteen month
period of performance. DRC will provide developmental research
supporting the establishment of the Item Unique Identification
(IUID) umbrella program for Air Force depots. This task order
expands upon IUID research work previously performed by DRC for Air
Force depots and improves the Defense Department's asset tracking
of repaired, overhauled and manufactured components for
accountability, valuation and life cycle management. Based on
previous research on specific metallurgical impacts of IUID marking
this new effort increases the number of items that will be marked,
bringing the Air Force closer to realizing its objective of total
asset visibility. Under the new task order DRC also will provide
comprehensive analysis of tagging and labeling methods, including
detailed studies of adhesives durability in operational
environments. "DRC is delighted to continue our support of the
DoD's IUID initiatives, as directed by the Under Secretary of
Defense, Acquisition Technology and Logistics," said Robert L.
Smith, DRC's senior vice president and general manager, Acquisition
Management and Engineering Group. "Our efforts will assist in the
identification of state-of-the art asset tracking technology and
help improve accountability throughout the life cycle of all DoD
assets." This award marks the thirteenth task order received by DRC
under the Design Engineering Support Program (DESP II) bringing the
total of DRC's awards to $50.1 million, third in total awards
amongst the 20 DESP II prime contractors. 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: Chris Witty
Media: Marisa Hagerman Darrow Associates, Inc. Sage Communications
646.438.9385 703.584.5637 DATASOURCE: Dynamics Research Corporation
CONTACT: Investors, Chris Witty of Darrow Associates, Inc.,
+1-646-438-9385, , or Media, Marisa Hagerman of Sage
Communications, +1-703-584-5637, , both for Dynamics Research
Corporation Web site: http://www.drc.com/
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