DRC Awarded Additional Unmanned Aerial Vehicle Work Valued at $24.5M

Dynamics Research Corporation DRCO today announced that it has been awarded two delivery orders with a combined value of $24.5 million for a base year with an additional option year period of performance. These contracts allow DRC to continue its efforts supporting mission-critical services in conjunction with the Unmanned Aircraft System Predator/Reaper program. Under the terms of the orders, DRC will provide the Medium Altitude UAS Division with support in critical areas focused on research and resolution of data rights for the entire Medium Altitude UAS program, as outlined in a new delivery order valued at $5.6 million. DRC will also provide program management, analysis and engineering in the second order valued at $18.9 million, continuing work that dates from 2008.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsInformation TechnologySystems Software
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!