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Monday, October 5, 2009

DRC reaps $1.6M for unmanned aerial vehicle support

By Brendan Lynch

Dynamics Research Corp. reports it has landed $1.6 million from the U.S. Department of Defense for engineering services on unmanned aerial vehicles.

Under the contract, Andover-based Dynamics Research (Nasdaq: DRCO) will provide test and evaluation engineering, foreign military sales engineering, logistics, program management and analytical services for the 703rd Aeronautical Systems Group (AESG) Predator/Reaper Unmanned Aerial Vehicle Program Office. The one-year deal falls under the Logistics Maintenance and Supply Support Services program.

Last month, Dynamics Research landed $3.7 million from the U.S. Transportation Security Administration for work on explosives detection. Under the contract, Dynamics Research will provide project and program management support to the TSA’s National Explosives Detection Canine Team Program (NEDCTP). NEDCTP trains dogs to detect explosives devices on the transportation system. The contract has one base year and four option years, according to the company.

Dynamics Research reported a $2.1 million net income for the quarter ending June 30, 2009.


 

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