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The effort provides the 703rd Aeronautical Systems Group (AESG) Predator/Reaper Unmanned Aerial Vehicle Program Office, with multifunctional capabilities including test and evaluation engineering, foreign military sales engineering, logistics, program management and analytical services. Including this delivery order the Company now derives approximately $4.4 million in annual revenues from solutions and services provided to the national priority Predator/Reaper Unmanned Aerial Vehicle Program Office.
"DRC has deep experience and the strongest capabilities supporting key defense programs with technical and management services. We are pleased to support the Predator/Reaper Unmanned Aerial Vehicle Program Office in its pivotal role as a 'game-changing' element of national defense strategy," said Robert L. Smith, DRC senior vice president and general manager of the Acquisition Management and Engineering Group.
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.
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.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Dynamics Research Corporation
CONTACT: Darrow Associates, Inc. Investors: Chris Witty 646.438.9385 cwitty@darrowir.com Sage Communications Media: Marisa Hagerman 703.584.5637 marisah@aboutsage.com
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