Dynamics Research Corporation Awarded $3.7 Million Army Research Institute Training Contract ANDOVER, Mass., March 30 /PRNewswire-FirstCall/ -- Dynamics Research Corporation today announced that it has been awarded a $3.7 million contract by the Army Research Institute for the Behavioral and Social Sciences to develop a prototype high performance Ground Systems Team Training (GSTT) program for U.S. Army brigade battle staff. Work under the contract, which is expected to generate approximately $2 million in revenues in 2004, began on March 22, 2004. Applying leading edge training technology into warfighting efforts -- simulation-based training and embedded training in particular -- is a key component of the Army's broader efforts to integrate warfighting functions into a single network to support its transformation from the Current Force to Future Force and Future Combat Systems (FCS). By applying a methodology that encompasses the entire training development cycle, DRC will effectively assess training needs, analyze processes to identify group performance behaviors and, based on these behaviors, develop a prototype training program. DRC's team training support will include performing risk assessment in the area of Command and Control and Battle Command; conducting Command and Control collective task analysis to identify critical coordination tasks for Army Brigade battle staffs; leveraging aviation team training products to create an effective, embedded GSTT program to train critical coordination tasks; and assessing the efficiency and effectiveness of GSTT training products with operational units. Operational testing will use the new Battle Command on the Move system employed by the 4th Infantry Division in the Battle of Taji. The successful implementation of this training program will enable the U.S. Army brigade battle staffs to: *Reduce much of the 'fog of war' that has been blamed for numerous accidents and several friendly fire incidents *Achieve shared situational awareness, effective risk assessment, risk management and fratricide prevention *Provide a team coordination culture for Army reorganization, training and deployment in brigade sized units "DRC is pleased to have the opportunity to extend our existing high performance team training leadership to the U.S. Army Future Force and Future Combat Systems," said William C. Hoover, DRC president and chief operating officer. "As a proven leader for more than two decades in providing training and implementation services to improve team performance, DRC understands that the consequences of ineffective team performance in high-stress, high-stakes environments can be loss of life." The Blanket Purchasing Agreement, awarded by the U.S. Army ResearchLaboratory, will entail work in Enterprise, AL, Andover, MA and Orlando, FL over the 16-month contract period. 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. Contacts Investors: Elise Caffrey, Treasurer & Director, Investor Relations (978) 475-9090, Ext. 1309 Media: Brian Lustig, Qorvis Communications (703) 744-7826 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 of Qorvis Communications, +1-703-744-7826 Web site: http://www.drc.com/

Copyright

Dynamics Research Corp. (MM) (NASDAQ:DRCO)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos Dynamics Research Corp. (MM).
Dynamics Research Corp. (MM) (NASDAQ:DRCO)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos Dynamics Research Corp. (MM).