DRC Awarded $11 Million Contract With National Institutes of Health
13 Agosto 2013 - 9:00AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading technology
and management consulting company focused on driving performance,
process and results for government clients, today announced that
it's been awarded with a new task order under the Chief Information
Officer—Solutions and Partners 3 contract to provide technology,
management, and evaluation services to the National Institutes of
Health (NIH). The contract, including all periods and options, is
valued at $11.4 million and has a 5-year period of performance.
Under the terms of the contract, DRC will provide independent
verification and validation expertise to support the NIH IT
enterprise system project managers in their efforts to maximize
their IT investments. The technical services provided will include
assisting the NIH enterprise system and projects in risk management
and promoting use of best-in-breed technical approaches.
"The rigorous evaluation of enterprise IT systems and processes
is critical for enabling agencies like the NIH to maximize their
technology investments and uncover new ways to strategically
leverage technology for improved mission outcomes," said Jim Regan,
DRC's chairman and chief executive officer. "With this task order,
our first task order under the CIO-SP3 contract, we will extend our
technology expertise, management consulting insight and healthcare
domain experience in support of this new customer."
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides technology and
management consulting solutions focused on driving performance,
process and results for government clients. DRC offers innovative
solutions and delivers rock solid results. DRC has large company
capabilities and small company agility. 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.
Certain statements contained in this news release, which are not
historical facts or are related to future plans, events, revenues
and earnings expectations, objectives and outlooks are forward
looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and, by their nature, are uncertain
and subject to a number of risks and uncertainties that could
adversely affect the Company's results. We can provide no
assurance that these statements will prove to be
correct. Consequently, actual results could materially differ
from these statements. For more detailed information
concerning how these risks and uncertainties could affect the
Company's financial results, please refer to DRC's most recent
forms 10-K and 10-Q and other documents filed with the Securities
and Exchange Commission. Further, the Company is under no duty
or obligation to update or revise any forward looking statements as
a result of events or new information.
CONTACT: Investors:
Chris Witty
Darrow Associates, Inc.
646.438.9385
cwitty@darrowir.com
Media:
Ilina Dimitrova
Sage Communications (for DRC)
703.531.8256
ilinad@aboutsage.com
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