ANDOVER, Mass., May 10, 2011 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of innovative management consulting, engineering, and technology solutions, today announced that it has been awarded a four-year contract with the Air Mobility Command (AMC) Fuel Efficiency Office (FEO) valued at $3.9 million. Under the terms of the contract, DRC will provide technical and developmental program services supporting information technology initiatives to enhance the fuel efficiency of AMC operations and related mission decisions. DRC will work to automate manpower intensive processes, convert mission information into useable and relevant information and support changes in IT functional requirements.
"DRC is pleased to support the efforts of the AMC FEO," said Jim Regan, DRC's chairman and chief executive officer. "Since 2008, AMC has saved $81 million in aviation fuel costs through fuel conservation efforts, and we are proud to support mission-critical and tactical work in energy preservation."
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 .
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.
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