DRC nabs $50M scientific computing services contract
DRC's $50 million contract with FDA expands the company's health care work in the federal market.
High Performance Technologies Inc., a subsidiary of Dynamics Research Corp., has won a $50 million task order contract with the Food and Drug Administration to provide scientific computing services.
The contract’s period of performance began Sept. 17, 2012, and lasts five years.
DRC will provide science and engineering services to support FDA's use of new technologies and ensure the necessary processing, storage and connectivity support for its scientific computing objectives, the company said in a release.
The company will facilitate document requirements, perform system analysis and provide prototypes of new technologies, it said.
"This engagement represents a milestone achievement in the execution of our growth strategy, advancing our federal health care market penetration,” said Jim Regan, DRC chairman and CEO.
“While we already have a significant level of business at the Department of Veterans Affairs and with the Military Health System, this new relationship with the FDA establishes a strong presence for DRC within the Department of Health and Human Services. We look forward to continuing to expand our business with federal healthcare clients," he added.