Dynamics Research Corporation
Dynamics Research Corporation (DRC) was a publicly traded American company founded in 1955. The company was primarily an engineering services company serving the U.S. Department of Defense. DRC provided technical and consulting expertise around high-performance computing, cybersecurity, financial and regulatory reform, as well as program, engineering and life-cycle support, and IT modernization and sustainment.
Industry | Defense |
---|---|
Founded | 1955 |
Defunct | 2014 |
Fate | Purchased by Engility Corporation |
Successor | Engility Corporation |
Headquarters | Andover, Massachusetts |
DRC's customers included the U.S. Air Force, U.S. Navy, U.S. Department of Health and Human Services, U.S. Department of Veterans Affairs, the Department of Homeland Security, the U.S. intelligence community, and the U.S. Department of the Treasury. More than 50 percent of DRC’s 2013 sales (estimated at $274M USD) were from non-Defense Department customers. About 80 percent of DRC’s work was as a prime contractor.[1]
In 2014, the company was purchased by Engility Corporation.[2]
See also
References
- Biesecker, Calvin (2013-12-30). "Engility To Acquire DRC To Expand Customer Base, Diversify Services". Defense Daily. Retrieved 2016-06-25.
- "Engility Announces Commencement of Tender Offer for All Outstanding Shares of Dynamics Research Corporation" (Press release). 2013-12-30. Retrieved 2016-06-25.