ANDOVER, Mass., June 23 /PRNewswire-FirstCall/ -- Dynamics
Research Corporation (NASDAQ: DRCO) today announced that it
received its 12th task order under the Air Force’s Design
and Engineering Support Program (DESP II) contract. The
Aging Landing Gear Life Extension (ALGLE) 08, a $2.2M
effort, awarded through the Aeronautical Systems Center (ASC)
at Wright Patterson Air Force Base, Ohio, involves providing
integrated Landing Gear services, designs, prototypes,
repairs, and processes.
Under the terms of the task order, which has a period of
performance of 12 months, DRC and subcontractor General
Atomics will provide engineering design, prototyping,
testing, providing documentation, and/or preparing
Production Phase Plans (including cost and schedule
parameters). The contract work will be done at Ogden Air
Logistics Center at Hill Air Force Base, Utah.
"DRC is pleased to participate in this leading-edge
program, and looks forward to supporting the Air Force
Depots with the full range of our technical capabilities,”
said Robert L. Smith, Senior Vice President and General
Manager of DRC’s Acquisition Management and Engineering
Group.
DRC has now been awarded 12 tasks on the DESP II contract
valued at $45.3 million, with options, and ranks second among
the eight small business prime contractors and third overall
among all 20 large and small business DESP II primes.
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 forward-thinking
solutions 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;
Reston, Virginia; and Fairborn, Ohio. For more information
please visit our 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:
Dave Keleher
SVP and Chief
Financial
Officer
978.289.1615
dkeleher@drc.com
Media:
Marisa Hagerman
Sage Communications (for
DRC)
703.584.5637
marisah@aboutsage.com
SOURCE
Dynamics Research Corporation
Web site:
http://www.drc.com /
(DRCO)