DRC Awarded $19.3 Million in Contracts to Advance Psychological Health and Traumatic Brain Injury Treatment Practices for Milit
03 Dezembro 2012 - 12:40PM
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 two new task order contracts to
support the Military Health System's Defense Centers of Excellence
with a combined value of $19.3 million.
Under the first task order, DRC was awarded a $4.4 million
contract with a period of performance of two years to identify and
develop psychological health and traumatic brain injury treatment
best practices.
Under the second task order, the company was awarded a $14.9
million contract with a period of performance of one base year and
four option years. DRC is tasked with documenting the results of
psychological health and traumatic brain injury clinical and
non-clinical programs, supporting clinical conferences and
providing technical assistance programs.
"We are thrilled to have the opportunity to leverage our
clinical health expertise to support this valued customer," said
Jim Regan, DRC's chairman and chief executive officer. "DRC is
leading the charge in the development of innovative approaches to
delivering safe, effective, and value-driven care for government
health organizations."
The Defense Centers of Excellence were established in 2007 with
the mission to improve the lives of our nation's service members,
families and veterans by advancing excellence in psychological
health and traumatic brain injury prevention and care across the
Military Health System. The task orders were awarded under the
TRICARE Evaluation, Analysis, Management and Support program, or
TEAMS, contract.
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
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