DRC Receives Additional Lean Six Sigma Work Worth Up to $8.9 Million
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ANDOVER, Mass., Feb. 27 -- Dynamics Research Corporation (Nasdaq: DRCO), a provider of innovative engineering, technical and information technology services and solutions to federal and state governments, today announced that it received an additional task order from Avraham Y. Goldratt Institute (AGI), the prime contractor, for continued work on the Naval Air Systems Command (NAVAIR) Enterprise AIRSpeed project under the Naval Aviation Readiness Integrated Improvement Program.
Under this task order, which has a period of performance of 12 months, DRC will provide Lean Six Sigma technical support services for NAVAIR Intermediate Maintenance Activities and provide Lean Six Sigma training and certification at various NAVAIR facilities around the world.
"DRC is extremely pleased to be teamed with AGI on this significant program. We look forward to our continued support of NAVAIR and our participation in the leading-edge integration of the Theory of Constraints and Lean Six Sigma for the Naval Aviation Enterprise." said DRC Senior Vice President and General Manager Jeanne LeFevre.
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 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.
Investor contact: Dave Keleher
SVP and Chief Financial Officer
978.289.1615
dkeleher@drc.com
SOURCE Dynamics Research Corporation
Web site: http://www.drc.com/
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