Dynamics Research Corporation Awarded GSA Alliant Contract
01 Abril 2009 - 9:01AM
PR Newswire (US)
ANDOVER, Mass., April 1 /PRNewswire-FirstCall/ -- Dynamics Research
Corporation (NASDAQ:DRCO), a leading provider of innovative
management consulting, engineering, and information technology
services and solutions to federal and state governments, today
announced that it was awarded a General Services Administration
(GSA) Alliant Government-Wide Acquisition Contract (GWAC). Under
the terms of the $50 billion indefinitely delivery, indefinite
quantity (ID/IQ) contract, DRC will offer a broad range of
information technology (IT) services and business solutions to all
Federal agencies. DRC was one of the initial 29 companies awarded
the contract in 2007 to support the federal government's needs in
its daily operations, its protection of infrastructure, the fight
against terrorism and the development and marketing of emerging
technologies. The contract has a five-year base performance period
and one five-year option period. "DRC is committed to providing an
outstanding array of solutions to a wide range of customers across
the federal sector with the agility, expertise and client service
they need to meet their mission critical objectives," said James P.
Regan, DRC's chairman and chief executive officer. "GSA's award of
this contract to DRC is consistent with our position as a preferred
provider of integrated, mission-oriented IT solutions. We look
forward to helping drive the success of Alliant as a contract
vehicle of choice." 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 the capabilities of a large company
and the responsiveness of a small company, 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 and
the Washington, D.C. region. 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, , Media, Marisa Hagerman of Sage
Communications, +1-703-584-5637, Web Site: http://www.drc.com/
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