DRC Awarded High Performance Computing NOAA Contract Worth Up to $10 Million
30 Julio 2013 - 7:28AM
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 has been awarded a Blanket Purchase Agreement for high
performance computing software development and technical services
at the National Oceanic and Atmospheric Administration (NOAA)
Geophysical Fluid Dynamics Laboratory (GFDL). The contract has a
ceiling value of $9.7 million and a 3-year period of performance.
Under the terms of the contract, DRC will provide an array of
technical, scientific and management support services including
application development, high performance computing tools
development, network engineering, visualization, data engineering,
software optimization, analysis of climate models and strategic
planning.
NOAA's GFDL performs comprehensive, long lead-time research to
expand the scientific understanding of the physical processes that
govern the complex fluid systems of the atmosphere, oceans and
their interactions with Earth's biogeochemical cycles. Critical to
the GFDL mission is NOAA's high performance computing systems,
which include large scalable computers, coupled with archiving
systems, analytics, visualization, networking and
telecommunications capabilities.
"Through this contract, DRC will have the opportunity to
leverage our core capability of architecting complex predictive
modeling, data visualization and high performance computing
software to help drive government results," Paul Strasser, senior
vice president of DRC's High Performance Technologies Group. "High
performance computing is critical to NOAA's scientific research and
discovery mission."
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
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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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