High Performance Technologies Incorporated, a wholly owned subsidiary of Dynamics Research Corporation, today made it known that it was recently awarded a new contract from the Food and Drug Administration (FDA). This contract, which has a maximum ceiling value of $50 million, will see the company provide "scientific computing services" over a maximum five-year period of performance.
The contract formally began on September 17, 2012.
Specific services to be provided include a wide range of science and engineering services, supporting the FDA in leveraging new technologies while ensuring the necessary processing, storage and connectivity support to achieve its scientific computing objectives. Dynamics Research plans to work closely with researchers and scientific computing users in an effort to facilitate document requirements, while performing system analysis and providing prototypes of new technologies.
"DRC's High Performance Technologies Group is at the forefront of cutting-edge scientific computing best practices," said Jim Regan, chairman and chief executive officer at Dynamics Research Corporation, in a statement. "We are looking forward to providing our deep expertise in high performance computing and systems engineering to support the FDA's scientific computing needs related to its mission to enhance public health."
Regan went on to add that this contract represents a "milestone achievement" in executing the company's growth strategy: advancing its federal healthcare market penetration. While Dynamics Research already does business with the Department of Veteran Affairs and with the Military Health System, this new relationship with the FDA serves to develop a strong presence for the company in the Department of Health and Human Services.
Dynamics Research Corporation is a provider of innovative management consulting, engineering, science and technology solutions to federal and state governments. In March of 2011, the company was selected by the Internal Revenue Service (IRS) as one of 33 awardees for a 10-year contract with a $10 billion ceiling. Under the contract, Dynamics Research is performing technology-related services within the IRS and Treasury Department bureaus.
Edited by Brooke Neuman