DRCO Dynamics Research Corp. (MM)

Dynamics Research Corporation Wins Missile Defense Agency Contract With Potential Value of $25 Million ANDOVER, Mass., Jan. 10 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) announced today that the Missile Defense Agency (MDA) awarded DRC a cost plus fixed fee contract for continuous improvement services to improve MDA's supply chain performance. DRC's potential revenue under this contract is $25 million. The period of performance, including options, will continue through January 2008. The goal of this project is to achieve measurable enterprise-wide performance improvements at MDA suppliers through application of Continuous Improvement (CI) tools and techniques. The effort will employ supplier metrics to ensure that the resultant efforts will have a positive impact on Ballistic Missile Defense Systems (BDMS) products and customers. "DRC is pleased to have been selected by the Missile Defense Agency to provide a mission-critical role in the revitalization of its entire BDMS supply chain," said William C. Hoover, DRC president and chief operating officer. "This contract further confirms DRC's ability to provide wide- ranging, strategic services to government organizations and their partners for enhanced operational efficiency and performance." The Office of Naval Research sponsored the initial development of the CI tools and techniques and several significant deployment initiatives in Navy supply chains. To date, DRC and its team members have achieved successful results with 37 defense suppliers including delivery/cycle and quality improvement, inventory reduction and cost avoidance/reduction on pricing and contracts. About Dynamics Research Corporation Dynamics Research Corporation is an innovative solutions provider that partners with its customers to apply proven processes and technologies. For nearly 50 years, DRC has delivered technical and information technology services 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, Vice President & Treasurer of Dynamics Research Corporation, +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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