DRCO Dynamics Research Corp. (MM)

Dynamics Research Corporation Awarded $25 Million in Air Force Contracts ANDOVER, Mass., Dec. 11 /PRNewswire-FirstCall/ -- Dynamics Research Corporation today announced that its wholly owned subsidiary HJ Ford, has received prime contract awards totaling $24.6 million in annualized effort for Advisory & Assistance Services to the Aeronautical Systems Center (ASC) and Air Force Research Laboratory (AFRL) at Wright-Patterson Air Force Base, Ohio. The Aeronautical Systems Center work includes eight task order renewals totaling $23.2 million supporting the C-17, F/A-22, Airborne Sensors and Propulsion and Mobility Program Offices over a performance period of one year. These task order awards have been made against HJ Ford's 5 year, Blanket Purchase Agreement with the Aeronautical Systems Center, which requires the delivery of programmatic services to key Air Force weapons systems management offices. The Air Force Research Laboratory work is comprised of a one-year task order worth $1.4 million with four additional one-year options supporting the Sensor Development office of Air Force Research Laboratory. The total contract value of the AFRL effort is $7.6 million and has been made against HJ Ford's Professional Engineering Services GSA contract. James P. Regan, DRC chairman and chief executive officer, said, "DRC and our subsidiary company, HJ Ford, are delighted to continue our excellent relationship with both the Aeronautical Systems Center and Air Force Research Laboratory at Wright-Patterson Air Force Base. This comes at a time when our nation rises to meet the challenges of an uncertain world -- and the vital role that DRC plays in this noble endeavor is truly a distinct honor." About Dynamics Research Corporation Dynamics Research Corporation is an innovative solutions provider that partners with its customers in government and commercial sectors to apply proven processes and technologies. DRC delivers engineering, logistics, training, simulation & modeling and information technology services and precision manufactured products that enhance the performance and cost effectiveness of its customers' mission critical systems. For additional information about DRC please visit the website at http://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: Elise Caffrey, Treasurer & Director, Investor Relations (978) 475-9090, Ext. 1309 DATASOURCE: Dynamics Research Corporation CONTACT: Elise Caffrey, Treasurer & Director, Investor Relations of Dynamics Research Corporation, +1-978-475-9090, Ext. 1309, Web site: http://www.drc.com/

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