Dynamics Research Corporation Awarded $11.4 Million Eagle Task Order From DHS

    Oct. 22, 2007

    ANDOVER, Mass., Oct. 22 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (Nasdaq: DRCO) today announced that it has been awarded an $11.4 million task order by the Department of Homeland Security (DHS) to provide high-end Capital Planning and Investment Control (CPIC) and Earned Value Management System (EVMS) consulting to the Office of the Chief Information Officer under the Enterprise Acquisition Gateway for Leading Edge Solutions (EAGLE) Program. The EAGLE Program is intended to provide all contracted information technology services for the 22 components and agencies that currently comprise the DHS. The task order has a two month base period and five one-year options.

    "DRC has a 50-year legacy of delivering information systems services that directly affect federal agencies' mission performance, and our role on EAGLE provides us with an exceptional opportunity to help DHS agencies achieve interoperability, standardization and compliance," said James P. Regan, DRC's chairman, president and CEO. "Under this task order, we will provide CPIC and EVMS services to further DHS' strategic vision of becoming a high-performance IT organization."

    Under the terms of this task order, DRC and subcontractor Fujitsu Consulting will provide DHS with integrated technical, schedule and cost performance best practices, as well as provide a systematic approach to selecting, managing, and evaluating information technology investments. In addition, DRC will be providing training for the CPIC and EVMS disciplines, as well as for the OMB-300 process, and the capital asset plan and business case documentation that agencies must present to the Office of Management and Budget to win funding for their projects.

    DRC was selected for the EAGLE program in Function Category 5: Management Support Services, due to extensive management services expertise and proven performance supporting defense, national security and civilian government. This is the company's second task order under EAGLE.

    About Dynamics Research Corporation

    Dynamics Research Corporation (DRC) is a leading provider of mission-critical technology management services and solutions for government programs. DRC offers forward-thinking solutions 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; Vienna , Virginia; and Fairborn, Ohio. For more information please visit our 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 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.

    CONTACTS: Investors: Dave Keleher, Senior Vice President and Chief Financial Officer (978) 289-1615, [email protected] Media: Marisa Hagerman, Sage Communications (for DRC) (703) 584-5637, [email protected]

    SOURCE Dynamics Research Corporation

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