DRC Wins $20 Million Enterprise Architecture PMO Support Services Contract
ANDOVER, Mass., Dec. 8, 2010 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of innovative management consulting, engineering, and technology solutions, today announced a four-year, $20 million contract award to support the enterprise architecture needs of the Department of Homeland Security's (DHS) Office of the Chief Information Officer.
Awarded through the GSA Alliant contract, the work will modernize DHS' IT assets and architecture providing for collaboration across divisions and centralizing the capture and management of enterprise knowledge. Working in tandem with DHS' organizational structure and integrating key activities, DRC will help improve organizational performance and core business processes. The work ensures that DHS' investments are cost-effective and mission-focused and that its IT programs and assets are well-managed to maximize their return on investment.
"We bring to this program a strong record of performance and experience with DHS providing enterprise architecture solutions and services on other engagements with the Department," said Jim Regan, DRC's chairman chief executive officer. "We appreciate the opportunity to re-affirm our dedication to DHS' mission and their selection of DRC as an innovative, highly qualified and trusted partner to ensure success."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 firstname.lastname@example.org Sage Communications (for DRC) Media: Matt Warnock 703.207.0941 email@example.com
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