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globenewswire

DRC Awarded Air Force Work Valued At $14.3 Million

  • Press Release
  • Source: Dynamics Research Corporation
  • On 8:01 am EDT, Monday August 31, 2009

ANDOVER, Mass., Aug. 31, 2009 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO - News) today announced the award of two task orders with a combined value of $14.3 million. The work, which has a period of performance of two years, enables the continuation and expansion of work currently performed by the Company in support of the Aeronautical Systems Center at Wright-Patterson Air Force Base in Ohio. The task orders were awarded to the Company through prime THE CENTECH GROUP, Inc, under the Consolidated Acquisition of Professional Services contract.

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Under the terms of the task orders, DRC will provide the 303rd Reconnaissance and 516th Mobility Aeronautical Systems Wings with acquisition management, test, evaluation, engineering, acquisition logistics, configuration, data management, security management, administrative support, and contracting support services.

"DRC is pleased to continue its support of the Air Force through the delivery of mission-critical services to the Aeronautical Systems Center, Headquarters Air Force Materiel Command, Air Force Research Laboratory, and other key Air Force organizations," said Robert L. Smith, DRC senior vice president and general manager of the Acquisition Management and Engineering Group.

About Dynamics Research Corporation

Dynamics Research Corporation (DRC) provides measurable performance improvements for government customers through the delivery of innovative management, 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 - News) 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.

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