DRC Awarded $18 Million Task Order Supporting Walter Reed Army Medical Center
13 Setembro 2010 - 8:00AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, and technology
solutions to federal and state governments, today announced that it
was awarded a new task order with the Walter Reed Army Medical
Center (WRAMC). The contract, which has a total estimated value of
$18 million, began on September 1, 2010 and has a period of
performance of 16 months if all options are exercised.
Under the terms of the contract, DRC is providing information
technology services and medical program support such as medical
transcription, clinical research support, healthcare planning, and
Base Realignment and Closure (BRAC) integration and transition
support.
"Our investments in DRC's in-house clinical capabilities,
combined with our deep IT expertise, have enabled us to deliver a
holistic program during a critical transition period," said Jim
Regan, DRC's chairman and chief executive officer."
The 2005 BRAC recommendations called for transition of WRAMC to
the National Naval Medical Center in Bethesda, MD and the Fort
Belvoir Community Hospital.
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides measurable
performance improvements for government customers through the
delivery of innovative management consulting, engineering and
technology solutions. DRC offers the capabilities of a large
company and the responsiveness of a small company, backed by a
history of excellence and customer satisfaction. Founded in
1955, DRC is a publicly held corporation (Nasdaq:DRCO) and
maintains more than 25 offices nationwide with major offices in
Andover, Massachusetts and the Washington, D.C. region. For
more information, please visit our website at 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.
CONTACT: Darrow Associates, Inc.
Investors:
Chris Witty
646.438.9385
cwitty@darrowir.com
Sage Communications (for DRC)
Media:
Matt Warnock
703.207.0941
mattw@aboutsage.com
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