Dynamics Research Corporation Awarded $11.5 Million in Contract Work from Department of Homeland Security

    Dec. 17, 2008

    Source PRNOTW

    ANDOVER, Mass. , Dec. 17 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (Nasdaq: DRCO), a leading provider of innovative management consulting, engineering, technology and information technology services and solutions to federal and state governments, today announced that it has received two task orders totaling $11.5 million by the Department of Homeland Security (DHS) Immigration and Customs Enforcement (ICE) Office of the Chief Information Officer (OCIO). The task orders were awarded through the DHS Enterprise Acquisition Gateway for Leading Edge Solutions Program to Kadix Systems LLC, a DRC company, to provide program management support to various offices within DHS.

    "DRC has a successful track record of providing exceptional program management support for many federal agencies including U.S. Immigration and Customs Enforcement," said Jim Regan , DRC's chairman and chief executive officer. "We will employ our expert resources and management processes to ensure that DHS gains maximum benefit from its IT investments and help ICE adapt to a rapidly changing environment."

    Under the first task order, valued at $7.4 million for two years, DRC will provide program management support to the Systems Development Division in OCIO. The second task order, valued at $4.1 million, is for one base year and two option years. Using the IT Investment Management framework and Value-Driven Reengineering methodology, DRC will provide the ICE OCIO Program Executive Office with the resources, processes and expertise required to better manage the ICE IT investment portfolio. Under this contract DRC will assist in implementing project management best practices that encourage collaboration and integration for improved project performance.

    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 ; Reston, 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: Chris Witty Darrow Associates, Inc. 646.438.9385 [email protected] Media: Marisa Hagerman Sage Communications 703.584.5637 [email protected]

    SOURCE Dynamics Research Corporation

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