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News from PR Newswire

DRC Receives Air Force Depot Work Worth $3.7 Million

08:01 EDT Thursday, March 26, 2009

ANDOVER, Mass., March 26 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (Nasdaq: DRCO), a leading provider of innovative management consulting, engineering, and information technology services and solutions to federal and state governments, today announced that it received a $3.7 million task order under its General Services Administration Logistics Worldwide contract. This effort, awarded through the Air Logistics Center at Hill Air Force Base, Utah, provides continued program management and logistics support activities in support of the management, analysis and evaluation of performance metrics, parts availability data, production status, and funds and forecast information for the 417th Supply Chain Management Squadron, Ogden Air Logistics Center. The task has a one-year basic period of performance with four one-year options.

"DRC is delighted to continue providing Supply Chain Planning and Execution activity support to the 417th Supply Management Activity Group program managers, a relationship we have enjoyed for the past ten years," said Bob Smith, DRC senior vice president and general manager. "Our efforts will assist in improving the weapon system sustainment effort as it relates to the identification of funding issues, supply and repair challenges, performance metric variances, and the early detection of technical data deficiencies that permit weapon system managers to be proactive in the correction of these faults."

About Dynamics Research Corporation

Dynamics Research Corporation (DRC) is a leading provider of mission-critical technology management services and solutions for government programs. 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. area. 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.

    CONTACTS:
    Investors:
    Chris Witty
    Darrow Associates, Inc.
    646.438.9385
    cwitty@darrowir.com

    Media:
    Marisa Hagerman
    Sage Communications (for DRC)
    703.584.5637
    marisah@aboutsage.com

SOURCE Dynamics Research Corporation

For further information: Investors: Chris Witty, of Darrow Associates, Inc., +1-646-438-9385, cwitty@darrowir.com, or Media: Marisa Hagerman, of Sage Communications, +1-703-584-5637, marisah@aboutsage.com, both for Dynamics Research Corporation

© PR Newswire


 

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