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Print Edition StoriesMonday, October 19, 2009
DRC dealt a $20M Air Force parts tracking contract
By Brendan Lynch
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Dynamics Research Corp. reports it has landed $20.2 million from the U.S. Air Force for component identification technology. Under the two-year, nine-month order, Andover-based Dynamics Research (Nasdaq: DRCO) will develop technology to mark parts used in Air Force planes.
Unique identification is intended to allow the Air Force to track parts through transportation, supply, repair and overhaul, and support valuation and life cycle management, with a goal of total asset visibility.
Work on the deal will be performed at the Air Force’s Air Logistics Centers at Tinker Air Force Base in Oklahoma City, Okla.; Hill Air Force Base in Ogden, Utah; and Robins Air Force Base in Warner Robins, Ga.
Earlier this month, the company 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 will provide test and evaluation engineering, foreign military sales engineering, logistics, program management and analytical services for the 703rd Aeronautical Systems Group Predator/Reaper Unmanned Aerial Vehicle Program Office.
In September, Dynamics Research landed $3.7 million from the U.S. Transportation Security Administration for work on explosives detection. Under the contract, the company 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.
Dynamics Research reported a $2.1 million net income for the quarter ending June 30, 2009.
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