DRC Reports $39 Million Contract Award
07 Setembro 2011 - 9:00AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, and technology
solutions, today announced that its High Performance Technologies
(HPTi) operating unit was awarded a $39 million contract to provide
policy, guidance, and human capital support for the Deputy
Assistant Secretary of Defense, Systems Engineering (DASD) (SE).
The contract's base and options total four years. The contract
calls for the company to provide specialty engineering support to
the DASD (SE) in the execution of the regulatory and statutory
policy, guidance, specialty engineering, and human capital
functions of large Department of Defense (DoD) acquisitions.
HPTi has been supporting the DASD (SE) organization since 2004,
bringing years of experience in large-acquisition, the assessment
of major defense programs, program management, systems engineering,
and hands-on interaction with the Office of the Secretary of
Defense. This contract will support the DASD (SE) in ensuring that
acquisition programs are getting sufficient systems engineering
support to meet cost, schedule, and performance needs.
"We're pleased with this award, which evidences the strength of
the HPTi's customer relationships," said Jim Regan, DRC's chairman
and chief executive officer. "HPTi's core capabilities in
computational science, enterprise technology and planning, systems
architecture and engineering, secure mission software development,
and knowledge discovery and visualization match well with the
technical nature of the objectives of this contract."
"Our team is excited about the opportunity to apply our
engineering skills to the mission of the DASD (SE)," said Scott
Miller, senior vice president and general manager of DRC's HPTi
operating group.
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides measurable
performance improvements for government customers through the
delivery of innovative management, 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: Investors: Chris Witty
Darrow Associates, Inc.
646.438.9385
cwitty@darrowir.com
Media: Duyen "Jen" Truong
Sage Communications
703.584.5645
duyent@aboutsage.com
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