DRC Awarded $13 Million Contract for Unmanned Aircraft Systems Support
06 Agosto 2012 - 9:00AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, science and
technology solutions to federal and state governments, today
announced it has been awarded a contract by the Army Contracting
Command – National Capital Region to support the Air Force Medium
Altitude Unmanned Aircraft Systems Program Office.
The task order, valued at $13 million, has a period of
performance of 7.5 months and one option year. This latest task
order expands DRC's work with this program by more than 20%,
bringing total revenue with the program to approximately $16
million per year. Under the terms of the contract, DRC will expand
its support in engineering, logistics, and program management
services.
"We have been providing engineering and management services for
the Air Force's unmanned systems for more than a decade and as a
result bring deep expertise with a long and successful record,"
said Jim Regan, DRC's chairman and chief executive officer. "We are
pleased to continue expanding our relationship with this high
priority program."
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides measurable
performance improvements for government customers through the
delivery of innovative management consulting, engineering, science
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 (for DRC)
703.584.5645
dtruong@aboutsage.com
Dynamics Research Corp. (MM) (NASDAQ:DRCO)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Dynamics Research Corp. (MM) (NASDAQ:DRCO)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024