Dynamics research wins $26 million USAF global command and control system contract.Dynamics Research Corporation Dynamics Research Corporation (NASDAQ: DRCO) is a United States-based publicly held defense contractor. DRC was founded in 1955 by a small group of engineers from the Charles Stark Draper Laboratory of the Massachusetts Institute of Technology. (Nasdaq:DRCO) has announced that it won a five-year prime contract with an estimated value of $26 million to provide technical and acquisition support services to the U.S. Air Force's Global Command and Control System Highly mobile, deployable command and control system supporting forces for joint and multinational operations across the range of military operations, any time and anywhere in the world with compatible, interoperable, and integrated command, control, communications, computers, and program office, part of the Electronic Systems Center. The contract, which began July 31, 2002, includes a base year award of approximately $4.4 million and four annual renewal options totaling $21.6 million over 41 months. DRC DRC Democratic Republic of Congo DRC Down (Stage) Right Center DRC Director(ate) of Reserve Components DRC Disability Rights Commission (United Kingdom) currently supports the program as a subcontractor, with approximately $1.3 million in annual revenue. The Electronic Systems Center (ESC See escape character and escape key. See also ESC/P. ESC - escape ), headquartered at Hanscom Air Force Base Hanscom Air Force Base, initially and briefly designated Bedford Army Air Base, is a U.S. Air Force facility in Bedford, Massachusetts. It is the headquarters of the Electronic Systems Center (ESC), one of the product centers of the Air Force Materiel Command (AFMC). in Bedford, Massachusetts, is responsible for the development, acquisition and support of the Air Force integrated Command, Control, Intelligence, Surveillance and Reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
"We are pleased to enhance the level of mission-critical support we provide the Electronic Systems Center in this key growth program, which is expected to play an important role in the transformation of the United States military forces. DRC's selection as the prime contractor for this program, combined with the company's selection as the Joint Surveillance Target Attack Radar System prime contractor last month, reaffirms the confidence placed in DRC by ESC personnel, over many years of service," said James P. Regan, DRC chairman and chief executive officer. |
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