DRCO Dynamics Research Corp. (MM)

Dynamics Research Corporation Wins Two Contracts Worth $2.4 Million to Provide Airbase Decision Support to U.S. Navy, Air Force U.S. Navy and Air Force to Utilize DRC's Proven Business Intelligence Solutions to Maximize Aircraft Readiness ANDOVER, Mass., Oct. 25 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) announced today that it has won two contracts to provide leading-edge decision support systems to the United States military. The contract for the Navy's Naval Air Depot (NADEP) in Jacksonville, Florida, is worth approximately $1 million and the second contract, for the Air Force's 96th Air Base Wing in Eglin, Florida, is worth $1.4 million. The two systems will be used to assist management decision-making processes for aircraft overhaul and airbase support activities. Under the contracts, DRC will be building and expanding web-based software applications that will allow the Navy and Air Force to schedule high-level aircraft processes, such as aircraft overhauls. The resulting web-based decision support systems will allow management to more effectively project future aircraft overhaul and support activities. According to the terms of the contracts, DRC will also address new process and procedure areas within NADEP Jacksonville and Eglin Air Force Base. These wins reinforce the competitive position of DRC in the development of decision support systems for the U.S. armed forces. The contracts expand the scope of the Company's previous Simulation Modeling Analytical Support System contract with the Navy and the Base Operating Support Assessment Model contract with the Air Force. "We are pleased that our proven record in delivering web-enabled business intelligence solutions for complex military organizations has resulted in winning these two significant contracts," said William C. Hoover, DRC president and chief operating officer. "DRC has worked with the both the Navy and the Air Force to enhance their 'what if' analysis capabilities and improve their overall readiness for many years. Our record of exceeding client expectations has resulted in these follow-on contracts." 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/. 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, Vice President & Treasurer (978) 475-9090, Ext. 1309, MEDIA: Al Black, Qorvis Communications (703) 744-7833 DATASOURCE: Dynamics Research Corporation CONTACT: Investors: Elise Caffrey, Vice President & Treasurer of Dynamics Research, +1-978-475-9090, Ext. 1309, ; or Media: Al Black of Qorvis Communications, +1-703-744-7833 Web site: http://www.drc.com/

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