This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

DRC Chosen For $460 Million U.S. Air Force Contract

ANDOVER, Mass., Dec. 16, 2010 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of innovative management consulting, engineering, and information technology services and solutions, announced today that it has been selected by the U.S. Air Force Electronic Systems Center as one of six awardees for the NETCENTS-2 Enterprise Integration and Service Management (EISM) contract.

Awarded under the $24.2 billion Network-Centric Solutions umbrella, the contract has a ceiling value of $460 million for all awardees and a duration of three base years plus two one-year option periods.

"We are pleased to be among a select group of winners on this highly competitive effort," said Jim Regan, DRC's chairman and chief executive officer. "This award continues our long and successful experience providing innovative information technology solutions to the Air Force. Clearly, helping our customers implement state-of-art IT concepts like service oriented architecture and service management is a strength for DRC."

Under the EISM contract the Air Force is expected to procure IT portfolio management analyses, enterprise-wide and cross-domain engineering and architectural analyses, enterprise business process reengineering solutions, the development of enterprise service standards and processes, service performance assessments and scalability planning, and services to develop plans and strategies to implement new Service Oriented Architectures (SOA).

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs