Dynamics Research Corporation Awarded $11.4 Million Medical Healthcare Program Management Contract
05 Novembro 2008 - 1:37PM
PR Newswire (US)
ANDOVER, Mass., Nov. 5 /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,
announced today that it received an $11.4 million task order under
the TRICARE Evaluation, Analysis, Management and Support (TEAMS)
indefinite delivery and indefinite quantity (ID/IQ) contract, to
provide program management support to the traumatic brain injury
and psychological health program. The task order, which is under
the Office of the Assistant Secretary of Defense for Health Affairs
and TRICARE Management Activity, has a one-year base period with
four option years. "DRC is honored to apply our program management
expertise on this critical program to support our injured
soldiers," said James P. Regan, DRC's chairman, president and CEO.
"This first task order under TEAMS provides another important
customer in this the DOD health sector, an area we have targeted
for growth." DRC will assist in the coordination of projects,
initiatives, and activities in support of implementing the
recommendations and requirements within the purview of the Force
Health Protection and Policy Programs Directorate. The objectives
include improving program coordination, managing funds/budgeting
tasks, develop scheduling, streamlining information
handling/sharing, monitoring program performance and managing
projects portfolio. DRC was one of 23 companies awarded the TEAMS
contract with a total ceiling value of $5 billion. The TEAMS
contract provides the Military Health System (MHS) with the ability
to order services for its organizational conflict of interest (OCI)
Category 2 non-purchased care support needs. This contract has a
term of a single base year and nine option years. 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: 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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