DRCO Dynamics Research Corp. (MM)

Dynamics Research Corporation Awarded $5 Million Department of Defense Training Contract ANDOVER, Mass., March 2 /PRNewswire-FirstCall/ -- Dynamics Research Corporation today announced that it has been awarded a five year, $5 million contract by the Assistant Deputy Under Secretary of Defense (ADUSD) to support the updating of training system acquisition specifications and guidance to reflect emerging Department of Defense (DoD) system acquisition reform and training transformation initiatives. Work under the contract, which is expected to generate revenues of approximately $750 thousand in the first year, began on February 9, 2004. Current DoD training specification documents and guidance do not address the integration of training across training systems or the integration of human performance requirements into the system acquisition process. In support of the ADUSD, DRC will modify the acquisition processes to include training and human-centric requirements as a key performance parameter. DRC will develop and update training specification documents to reflect best business practices, new technology and standard industry terminology related to fielding effective human performance-oriented training. The indefinite delivery, indefinite quantity contract, awarded by the Naval Air Systems Command Orlando Training Systems Division, will entail work in Andover, MA, Orlando, FL, and Waxahachie, TX over a five year period. "Our track record in providing organizations with training support and development puts us in a leadership role to implement the Department of Defense's Strategic Plan for Training Transformation," said William Hoover, DRC President and chief operating officer. "The Assistant Deputy Under Secretary of Defense is a newcustomer for DRC and we are excited about the opportunity to work on this long term contract." 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. DATASOURCE: Dynamics Research Corporation CONTACT: Investors: Elise Caffrey, Treasurer & Director, Investor Relations of Dynamics Research Corporation, +1-978-475-9090, Ext. 1309, or Media: Brian Lustig, Qorvis Communications, +1-703-744-7826 for Dynamics Research Corporation Web site: http://www.drc.com/

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