DRCO Dynamics Research Corp. (MM)

Dynamics Research Corporation Receives Contract from Department of Transportation with Potential Value of $20 Million DOT's Volpe Center to Utilize DRC Integration and Engineering Expertise to Bolster U.S. Transportation Infrastructure for Homeland Security ANDOVER, Mass., May 4 /PRNewswire-FirstCall/ -- Dynamics Research Corporation today announced it was awarded a contract by the Department of Transportation's (DOT) John A. Volpe National Transportation Systems Center (Volpe Center) to deliver systems integration and engineering services that assist the DOT in supporting the nation's transportation infrastructure, communications systems and Homeland Security needs. The Volpe Center is an internationally recognized center of transportation and logistics expertise within the Research and Special Programs Administration of the DOT. By delivering high-end, sophisticated engineering services in Communication, Navigation and Surveillance, DRC will support The Volpe Center in its efforts to provide technical research and analysis services to the DOT and other organizations with transportation-related missions. "DRC is proud to have been chosen by The John A. Volpe Center to make a significant contribution to the safety and security of our nation's transportation infrastructure," said William C. Hoover, DRC president and chief operating officer. "This contract with a new customer is a testament to 50 years of experience our company has working with government organizations seeking technological leadership and a commitment to excellence." DRC's proven technical experience will be used by the Volpe Center to support Strategic Planning and System Engineering, Traffic/Fleet Management and Control Systems, Navigation Systems, Sensor and Surveillance Systems, Guidance and Control (G&C) Systems, Communication Systems, and Automation and Display Systems throughout the United States' transportation infrastructure network with a focus on homeland security. Potential revenue to DRC under this $46 million indefinite- deliver/indefinite-quantity contract is up to $20 million over the life of the effort, which will have a one-year base period, and four option years. 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. For nearly 50 years, DRC has delivered 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/. Contacts: INVESTORS: Elise Caffrey, Treasurer & Director, Investor Relations (978) 475-9090, Ext. 1309 MEDIA: Brian Lustig, Qorvis Communications (703) 744-7826 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: Elise Caffrey, Treasurer & Director, Investor Relations of Dynamics Research Corporation, +1-978-475-9090, Ext. 1309, ; or Brian Lustig of Qorvis Communications, +1-703-744-7826 Web site: http://www.drc.com/

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