DRCO Dynamics Research Corp. (MM)

Dynamics Research Corporation Plays Pivotal Role in Department of Defense Joint Training Initiatives DoD Leverages DRC's Military Training and Technical Expertise with multiple contracts totaling $8.2 Million ANDOVER, Mass., Oct. 26 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) announced today that the Department of Defense (DoD) recently awarded the Company multiple contracts over fifteen months valued at approximately $8.2 million to provide joint training information across the entire Department of Defense. Under terms of these add-on contracts, DRC will continue to develop and support the Joint Training Information Management System (JTIMS). JTIMS supports the task-based, closed-loop features of the DoD's Joint Training System, which enables commanders to plan, assess training, schedule, de- conflict, review and analyze joint training exercises across the Chairman of the Joint Chiefs of Staff's Combatant Commands. This means more focused resources for effective military training, with personnel interacting with each other and with simulated systems and people, resulting in improved readiness and military precision on the battlefield. "We are pleased that the Department of Defense has elected to extend our contract to continue providing critical support of its training operations throughout the armed forces," said William C. Hoover, DRC president and chief operating officer. "DRC's proven reputation as a premier provider of leading- edge, web-enabled information systems for training and simulation systems for the military was a deciding factor in this important win for us." 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/

Copyright