Dynamics Research Corporation Awarded $7 Million Missile Defense Agency Contract.

Business/Technology Editors

ANDOVER, Mass.--(BUSINESS WIRE)--Feb. 21, 2002

Dynamics Research Corporation (Nasdaq: DRCO) today announced it has been awarded a five-year contract valued at $7 million for continued support for the Missile Defense Agency Information Resource Center. Additionally, DRC may qualify for a five-year extension to the contract, which--if exercised--would carry this contract out for a total of 10 years.

Under this effort, DRC will continue to support the Missile Defense Agency (MDA) Information Resource Center by providing knowledge engineering and management services ranging from basic library management and subscription services to Web content management and ongoing exploration of new and innovative information management methods and technologies. The MDA Information Resource Center has been a DRC customer since 1992.

"We are extremely pleased to continue our relationship with the MDA. We have supported this vital government agency, formerly known as the Ballistic Missile Defense Organization, for the past 10 years and look forward to the ongoing opportunity to contribute to the Agency's future successes as a member of their team," said James P. Regan, chairman and chief executive officer. "Given today's renewed emphasis on strategic missile defense, the Missile Defense Agency's information and data requirements are expected to grow exponentially. DRC is well-positioned to deliver the best technical solution."

Dynamics Research Corporation is an innovative solutions provider that partners with its customers in government and commercial sectors to apply proven processes and technologies. DRC delivers engineering, logistics, and information technology services and precision manufactured products that enhance the performance and cost effectiveness of its customers' mission critical systems.

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.