DRC Awarded $33 Million Contract With Maryland Procurement Office
14 Junho 2010 - 9:01AM
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 has received a single award task order
contract from the Maryland Procurement Office. The contract has a
ceiling value of $33 million and is for one base year and four
option years. Two initial task orders with performance periods
of six months, totaling $2.5 million, have been awarded.
DRC's Kadix Systems Group will perform business process
definition and reengineering, and systems planning, design,
implementation and support of organizational and enterprise
solutions for document management, records management,
collaboration, workflow automation and management, action tracking,
issue tracking and project management. "We have deep experience and
an outstanding record of success managing and implementing business
process change and large IT programs. We are pleased to
provide the best of these capabilities to this important customer,"
said Jim Regan, DRC's chairman and chief executive officer. "This
award, once again, confirms our position as a leading prime federal
contractor for management services and IT solutions."
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides measurable
performance improvements for government customers through the
delivery of innovative management consulting, engineering and
technology solutions. 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 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.
CONTACT: Darrow Associates, Inc.
Investors:
Chris Witty
646.438.9385
cwitty@darrowir.com
Sage Communications (for DRC)
Media:
Marisa Hagerman
703.584.5637
marisah@aboutsage.com
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