DRC Awarded $60 Million Government-Wide Contract to Provide Continuous Process Improvement Consulting Services
22 Julio 2013 - 7:00AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading technology
and management consulting company focused on driving performance,
process and results for government clients, today announced that
it's been awarded a multiple-award, government-wide blanket
purchase agreement (BPA) for performance management and continuous
process improvement by the General Services Administration. The
contract has a ceiling value of $60 million and a 5-year period of
performance.
Under the terms of the contract, DRC will provide strategic
business analysis aimed at improving organizational performance.
DRC's process improvement methodologies are data driven,
integrating Lean Six Sigma, Balanced Scorecard, Analysis of
Alternatives, ISO International Standards, Information Technology
Infrastructure Library, Capability Maturity Model Integration,
Project Management Body of Knowledge and Theory of Constraints and
other approaches to best practices. The company will use its Plan,
Evaluate, Recommend, Select, Execute, and Sustain process to
improve the workflows, methods and information systems used by
managers to set strategy and planning, measure performance, monitor
execution and report results.
"When it comes to improving government operations, it's
important to attack the challenge from both a business management
and technology consulting perspective," said Jim Regan, DRC's
chairman and chief executive officer. "DRC has a consistent and
impressive track record helping government agencies improve their
performance and realize millions of dollars in increased
efficiencies. Our goal with every engagement is to help our
clients' self-sustain best practices and achieve long-lasting,
transformational change."
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides technology and
management consulting solutions focused on driving performance,
process and results for government clients. DRC offers innovative
solutions and delivers rock solid results. DRC has large
company capabilities and small company agility. 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.
Certain statements contained in this news release, which are not
historical facts or are related to future plans, events, revenues
and earnings expectations, objectives and outlooks are forward
looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and, by their nature, are uncertain
and subject to a number of risks and uncertainties that could
adversely affect the Company's results. We can provide no
assurance that these statements will prove to be
correct. Consequently, actual results could materially differ
from these statements. For more detailed information
concerning how these risks and uncertainties could affect the
Company's financial results, please refer to DRC's most recent
forms 10-K and 10-Q and other documents filed with the Securities
and Exchange Commission. Further, the Company is under no duty
or obligation to update or revise any forward looking statements as
a result of events or new information.
CONTACT: Investors: Chris Witty
Darrow Associates, Inc.
646.438.9385
cwitty@darrowir.com
Media: Ilina Dimitrova
Sage Communications (for DRC)
703.531.8256
ilinad@aboutsage.com
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