Dynamics Research Corporation Adds 46 New Team Members to its DESP II Teamtitle
Expansion Adds Major Contractors, Including Boeing, Lockheed Martin and SAIC
ANDOVER, Mass., Jan. 9 /PRNewswire-FirstCall/ -- Dynamics Research
Corporation (Nasdaq: DRCO), a prime contractor on the Air Forces Design and
Engineering Support Program II (DESP II) contract, has officially added 46 new
members to its team, bringing the total number of team members to 76. DESP
II supports the Air Forces Air Logistics Centers at Ogden, Utah, Warner
Robins, Georgia, and Oklahoma City, Oklahoma; the Air Force Materiel Command;
the Army Tank and Automotive Command and other Department of Defense (DoD)
Agencies.
The 46 new team members, including 20 small and 26 large businesses, bring
even more capability to the DRC DESP II team to support various weapon systems
at multiple locations. The new team partners include industry leaders such as
Boeing, Lockheed Martin, Rockwell Collins, SAIC, CACI, and CSC. Some of the
new small businesses will fill niche requirements while others with expanded
capabilities will play a larger role in satisfying customer requirements.
"The additional team members, large and small businesses, provide our
government customers with access to added capabilities to satisfy warfighter
requirements," said Jim Regan, DRCs president, chairman and CEO. "DoD
customers benefit with our DESP II teams expanded capability toward
satisfying program requirements and meeting warfighter needs."
DESP II is an Indefinite Delivery/Indefinite Quantity (ID/IQ) contract
vehicle. It may be used by all other Air Force/Army commands, Department of
Defense agencies (e.g., Navy, Marines), and other government entities (e.g.,
NASA, DOE, DOT, DOS, EPA, OSHA, Coast Guard, Homeland Security, FAA, FEMA,
etc.) having similar systems and/or needs.
About Dynamics Research Corporation
DRC is headquartered in Andover, Massachusetts and has major offices in
Vienna, Virginia and Fairborn, Ohio. The company has 27 additional field
offices throughout the United States providing direct support to all branch
services of the Department of Defense.
Dynamics Research Corporation is an innovative solutions provider that
partners with its customers to apply proven processes and technologies. For
more than 50 years, DRC has delivered technical and information technology
services that enhance the performance and cost effectiveness of its customers
mission critical systems. For additional information about DRC please visit
the 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 companys
financial results, please refer to DRCs most recent filings with the SEC. The
company assumes no obligation to update any forward-looking information.
Investors:
Elise Caffrey, Vice President & Treasurer
(978) 289-1545, ecaffrey@drc.com
Media:
Geoff Livingston
(703) 748-0300, Ext. 203, geoffl@aboutsage.com
