Dynamics Research Corporation

Last updated

Dynamics Research Corporation
Industry Defense
Founded1955
Defunct2014
FatePurchased by Engility Corporation
Successor Engility Corporation
Headquarters Andover, Massachusetts

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.

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

Related Research Articles

<span class="mw-page-title-main">General Dynamics</span> Defense manufacturing conglomerate

General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and fifth largest in the United States by total sales. The company is a Fortune 100 company, and was ranked No. 94 in 2022.

<span class="mw-page-title-main">Northrop Grumman</span> Aerospace and defense technology corporation

Northrop Grumman Corporation is an American multinational aerospace and defense technology company. With 95,000 employees and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military technology providers. The firm ranks No. 101 on the 2022 Fortune 500 list of America's largest corporations.

<span class="mw-page-title-main">BlackBerry Limited</span> Canadian technology company

BlackBerry Limited is a Canadian software company specializing in cybersecurity. Founded in 1984, it originally developed the BlackBerry brand of interactive pagers, smartphones and tablets. In 2016, it transitioned to a cybersecurity enterprise software and services company under CEO John S. Chen. Its products are used by various businesses, car manufacturers, and government agencies to prevent hacking and ransomware attacks. They include the BlackBerry Cylance, the QNX real-time operating system; BlackBerry Enterprise Server, and a Unified Endpoint Management (UEM) platform.

<span class="mw-page-title-main">CACI</span> American defense contractor

CACI International Inc. is an American multinational professional services and information technology company headquartered in Northern Virginia. CACI provides services to many branches of the US federal government including defense, homeland security, intelligence, and healthcare.

<span class="mw-page-title-main">Colorado Technical University</span> American for-profit university

Colorado Technical University (CTU) is a private for-profit university with its main campus in Colorado Springs, Colorado. The university is owned by Perdoceo Education Corporation. Founded in 1965, CTU offers undergraduate, graduate, and doctoral degrees, primarily in business, management, and technology. About 92% of Colorado Tech's students are fully online. According to Colorado Tech, the university has conferred more than 118,000 degrees worldwide. Colorado Tech has no public or official affiliation with the State of Colorado.

<span class="mw-page-title-main">HPTi</span> IT consulting firm in the United States of America

High Performance Technologies, Inc. (HPTi) was an IT consulting firm based in Reston, Virginia. Founded in 1991, the company is notable for several high-profile solutions for the federal government. For instance, the company developed a Linux-based supercomputer for the National Oceanic and Atmospheric Administration (NOAA) that ranked as the 8th fastest supercomputer in the world in 2002. HPTi also developed the Secure Payment System for the Department of the Treasury - a system that processes payments totaling $1.5 trillion annually. HPTi was recently in the news for winning the American Business Award for Best Executive, Best Technical Professional, Best Support Staffer (2007) and Best Overall Company (2009). HPTi was wholly acquired by Dynamics Research Corporation in June, 2011.

ManTech International Corporation is an American defense contracting firm based in Herndon, Virginia. It was co-founded in 1968 by Franc Wertheimer and George J. Pedersen. The company uses technology to help government and industry clients. The company name "ManTech" is a portmanteau formed through the combination of "management" and "technology."

Umeme Limited is the largest energy distributor in Uganda, distributing about 97 percent of all electricity used in the country. The shares of the stock of the company are listed on the Uganda Securities Exchange (USE) and are cross listed on the Nairobi Stock Exchange (NSE). As of December 2021, the company's total assets were approximately UGX:2.664 trillion, with shareholders' equity of approximately UGX:893.15 billion.

<span class="mw-page-title-main">Alexander H. Flax</span>

Alexander Henry Flax was the Chief Scientist of the U.S. Air Force (USAF) from 1959 to 1961, Assistant Secretary of the Air Force for Research and Development from 1963 to 1969, and the third Director of the National Reconnaissance Office (NRO) from 1965 to 1969. He was the director at a time when the second generation of imaging systems became operational and began to play a major role in United States intelligence during the Cold War. He oversaw major growth in NRO funding and personnel, the development of signals intelligence collectors from space, and the development of electro-optical imaging for US reconnaissance satellites.

<span class="mw-page-title-main">CDI Corporation</span> Private US company providing engineering, procurement, construction management and staffing services

CDI Corporation is a privately held US company providing engineering, procurement, construction management and staffing services to clients in a range of industries including energy, chemical, semiconductor and battery manufacturing. As of 2022, the company employed more than 450 employees. The company is headquartered in Houston, TX.

<span class="mw-page-title-main">TASC, Inc.</span>

TASC, Inc., formerly known as The Analytic Sciences Corporation, is an American private defense contractor based outside Washington, D.C., in Chantilly, Virginia. Northrop Grumman owned TASC from 2001 to 2009, when it sold the unit to comply with new government conflict of interest rules.

Dan Gertler is an Israeli billionaire businessman in natural resources and the founder and president of the DGI group of companies. He has diamond and copper mining interests in the Democratic Republic of the Congo (DRC), and has invested in iron ore, gold, cobalt, oil, agriculture, and banking. He may also hold citizenship of that country. As of 2022 his fortune was estimated at $1.2 billion by Forbes.

Science Applications International Corporation (SAIC), Inc. is an American technology company headquartered in Reston, Virginia that provides government services and information technology support.

Atlas is a bipedal humanoid robot primarily developed by the American robotics company Boston Dynamics with funding and oversight from the U.S. Defense Advanced Research Projects Agency (DARPA). The robot was initially designed for a variety of search and rescue tasks, and was unveiled to the public on July 11, 2013.

<span class="mw-page-title-main">Vivek Lall</span> American businessman

Vivek Lall is an American scientist who has been Chief Executive of General Atomics Global Corporation since June 1, 2020. Before joining General Atomics, Dr Lall worked at Lockheed Martin, and held key positions with Boeing and Lockheed Martin. Lall previously worked at General Atomics from August 2014 to December 2017. He has also worked with Raytheon. Lall was heading the Boeing operations in India from 2007 through April 2011. Lall previously worked for the US-based global defense and nuclear giant General Atomics as the global Chief Executive for International Commercial Strategic Development for General Atomics.

<span class="mw-page-title-main">Equity Group Holdings</span>

Equity Group Holdings Limited (EGHL), formerly Equity Bank Group, is a financial services holding company based in the African Great Lakes region. EGHL's headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, Democratic Republic of the Congo and a representative office in Ethiopia.

<span class="mw-page-title-main">Equity Banque Commerciale du Congo</span> Bank in the Democratic Republic of the Congo

Equity Banque Commerciale du Congo (EquityBCDC) is a commercial bank in the Democratic Republic of the Congo. It is a merger between Equity Bank Congo (EBC), formerly ProCredit Bank DRCongo, and Banque Commerciale du Congo. This followed the acquisition of majority shareholding in both banks by the Equity Group Holdings Limited, a Kenya-based financial services conglomerate with total assets in excess of US$10 billion.

Engility Holdings, Inc. was an American publicly traded company that provided engineering and logistics services to several United States Armed Forces and civilian agencies. The company based in Chantilly, Virginia was formed in 2012 as a spin-off of the services division of L3 Technologies. As of 2017, Engility reports an annual revenue of about $2 billion. On September 10, 2018, Science Applications International Corporation announced it was buying Engility for about $2.5 billion with the brand being retired.

References

  1. Biesecker, Calvin (December 30, 2013). "Engility To Acquire DRC To Expand Customer Base, Diversify Services". Defense Daily. Retrieved June 25, 2016.
  2. "Engility Announces Commencement of Tender Offer for All Outstanding Shares of Dynamics Research Corporation" (Press release). December 30, 2013. Retrieved June 25, 2016.