ANDOVER, Mass., Feb. 21, 2013 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO), a leading technology and management consulting company focused on driving performance, process and results for government clients, today announced it is one of 8 companies awarded a $75 million Omnibus II indefinite delivery/indefinite quantity contract to provide infrastructure and CMMI Level 5-compliant software engineering support to the Armament Software Engineering Center of the U.S. Army Armament Research, Development and Engineering Center (ARDEC) at Picatinny Arsenal, New Jersey. The contract has a 5-year period of performance.
Under the terms of the contract, DRC will deliver software engineering support services for ARDEC in the following areas: chemical and biological defense; remote weapon system and control unit software; information systems and infrastructure support; and library system management and configuration management.
"This win presents exciting opportunities for DRC to expand our software engineering and information systems support in new areas for this valued customer," said Jim Regan, DRC's chairman and chief executive officer. "Our experienced and talented engineers have a clear understanding of the challenges facing today's warfighters and solutions to meet those challenges."
DRC has supported ARDEC at Picatinny Arsenal since the 1990s. Existing work for ARDEC includes task orders for CMMI Level 5-compliant fire control software development, systems engineering and information systems support.
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides technology and management consulting solutions focused on driving performance, process and results for government clients. DRC offers innovative solutions and delivers rock solid results. DRC has large company capabilities and small company agility. 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.
Certain statements contained in this news release, which are not historical facts or are related to future plans, events, revenues and earnings expectations, objectives and outlooks are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and, by their nature, are uncertain and subject to a number of risks and uncertainties that could adversely affect the Company's results. We can provide no assurance that these statements will prove to be correct. Consequently, actual results could materially differ from these statements. For more detailed information concerning how these risks and uncertainties could affect the Company's financial results, please refer to DRC's most recent forms 10-K and 10-Q and other documents filed with the Securities and Exchange Commission. Further, the Company is under no duty or obligation to update or revise any forward looking statements as a result of events or new information.
CONTACT: Investors: Chris Witty Darrow Associates, Inc. 646.438.9385 firstname.lastname@example.org Media: Ilina Dimitrova Sage Communications (for DRC) 703.531.8256 email@example.com
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