DRC Awarded $4 Million U.S. Air Force Unmanned Aerial System Contract
30 Setembro 2010 - 9:01AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, and technology
solutions, today announced that it won a $4.3 million task order
contract with the Air Force Medium Altitude Unmanned Aerial System
(UAS) program. The contract, which consolidates the efforts of
several contractors, began on August 31, 2010 and has a period of
performance of 5 months.
Under the terms of the contract, DRC is providing the UAS
program office with program management, engineering, test and
evaluation, foreign military sales, quality assurance, and
logistics services. DRC has supported the evolutionary development
and deployment of unmanned systems for many years, including the
Joint Unmanned Combat Air System program beginning in 2003, the
Global Hawk and Predator programs, and sensors used on unmanned
vehicles.
"We are pleased to continue and expand our services supporting
this critical Air Force program," said Jim Regan, DRC's chairman
and chief executive officer. "Clearly, our expertise and
capabilities in support of strategic Air Force programs are amongst
the strongest in the industry."
The task order was awarded under the Logistics Maintenance and
Supply Support (LMSS) contract. DRC was one of six prime
contractors awarded the LMSS contract to provide lifecycle
management services across the Defense Department.
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:
Matt Warnock
703.207.0941
mattw@aboutsage.com
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