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 Contracts
DRC Awarded $13.9 Million Air Force Logistics Services Contract
1 month 2 weeks ago

ANDOVER, Mass. – January 28, 2010 – Dynamics Research Corporation (NASDAQ: DRCO), a leading provider of innovative management consulting, engineering, and technology solutions to federal and state governments, today announced that it was awarded a task order valued at $13.9 million under the Logistics, Maintenance and Supply Support contract supporting the F-16 Program Office at the Aeronautical Systems Center Wright Patterson Air Force Base, Ohio. This work includes supporting the United States Air Force and various foreign Military sales F-16 programs. The task order, which approximately doubles the Company’s current level of services supporting the Program, has a one-year base period of performance and two option years.

Under the terms of the contract, DRC will provide program management and technical services assisting with the modernization and maintenance of the F-16 weapon system.

“We are delighted to continue our work extending our decade-long support to the F-16 system,” said Jim Regan, DRC’s chairman and chief executive officer. “This competitive award highlights our long and successful track record in delivering state-of-the-art services and solutions supporting mission systems deployment.”

DRC was one of six prime contractors awarded the Logistics, Maintenance and Supply Support, or LMSS, contract to provide lifecycle management services across the Defense Department.. This is DRC’s fifth task order award under the LMSS contract. DRC’s preceding task order supporting the F-16 Program was as a subcontractor under the Consolidated Acquisition Professional Services contract.

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) 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.

Source:  Dynamics Research Corporation

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