Dynamics Research wins naval aviation, FDIC contracts

The two new contracts have a combined value of $35 million.

Dynamics Research Corp. (DRC), a provider of technology management services to government agencies, announced that it has won two new contracts worth a combined $35 million.

Avraham Goldratt Institute, the prime contractor, awarded DRC an additional task order to continue work on the Naval Air Systems Command Enterprise AIRSpeed project, which falls under the Naval Aviation Readiness Integrated Improvement Program.

The task order is worth up to $6 million over a one-year performance period.

Under the task order, DRC will provide technical support and maintenance services for F/A-18 and H-60 wings and accompanying Fleet Replacement Squadrons, and onboard the USS John Stennis. DRC, which is based in Andover, Mass., will also provide training and certification at various fleet activities overseas.

The Federal Deposit Insurance Corp., based in Arlington, Va., awarded DRC a contract valued at nearly $29 million to provide business analysis and management support services. It requires that all system development projects adhere to specific development, quality assurance, process improvement and internal FDIC requirement guidelines.

The contract is for seven and a half years, consisting of an 18-month base period and six one-year option periods, according to a company statement.

The initial base-period task orders, worth nearly $5 million, have been awarded.

DRC has been asked to promote, monitor and manage the FDIC’s system development projects to create a more efficient and effective deployment program.

“This award significantly expands our current work with the FDIC and underscores the successful business relationship we have developed supporting the FDIC with independent testing, software quality assurance, and configuration and release management services over the past three years,” said Jeanne LeFevre, senior vice president and general manager at DRC, in the announcement.