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Direct Communication Solutions Inc (DRCO)

Direct Communication Solutions Inc (DRCO)
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Dynamics Research Corporation was founded in 1955. It is a provider of innovative management consulting, engineering, technical and information technology (IT) services and solutions to federal and state governments. The Company offers several business solutions to its customers, often combining two or more solutions to achieve customer goals. The Company provides a comprehensive set of services and tools for rapidly transforming organizations and significantly improving organizational performance. Its services in this area include applying proven, repeatable processes, such as, Lean Six Sigma and Theory of Constraints, to the entire life cycle of business transformation and aligning improvements with overall organizational objectives and strategies. It provides web-based collaborative decision making tools and facilities that enable participants in different locations to quickly and cost-effectively participate in the transformation process. The Company provides a range of processes and tools to develop, sustain, manage, and govern complex information systems. Its areas of practice include enterprise architecture, cyber security and information assurance, cloud computing, data analytics, health informatics, systems and software engineering, application development and sustainment, web services, IT governance, quality assurance and testing, automated case management, and data engineering. The Company develops software using Capability Maturity Model Integration for Development Maturity Level 3 processes and provides services to support the ongoing development and subsequent maintenance of an organization's enterprise architecture. The Company offers a comprehensive set of services for managing and implementing IT infrastructures for government organizations based on the International Organization for Standardization ('ISO') 20000-1:2005 for IT Service Management. The Company provides integrated processes and services to help government agencies govern their IT systems in accordance with various government regulatory requirements, such as Capital Planning and Investment Control and the Federal Information Security Management Act. It also provides a set of information assurance cyber security services, which includes management support, operational support, and technical support for the identification and mitigation of security risks. The Company's training solutions are an integral part of assessment of human performance within an organization or system, which includes training/task analysis, high-performance team training, web-based training, and automated training management. The Company provides a comprehensive set of solutions to support the management of complex programs throughout their life cycle. Its program management services and solutions include planning, requirements definition, policy and process development, change management, implementation, and sustainment. Its also provide management consulting studies and assessments, strategic communications outreach, technical, engineering, acquisition management, and logistics services, as well as audit support and remediation services. The Company provides scientific and engineering services to support the design, testing, manufacturing, and integration of advanced components and complex systems. Company's main competitors are CACI International, Inc., NCI Inc., ICF International, SRA International, Inc., Booz Allen Hamilton, Inc., Science Applications International Corporation, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Computer Sciences Corporation and Deloitte Consulting LLP. The Company is subject to many levels of audit and review, including by the Defense Contract Audit Agency, the Defense Contract Management Agency, the various inspectors general, the Defense Criminal Investigative Service, the Government Accountability Office, the DOJ and Congressional committees.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Sales 316,970 322,590 272,060 268,660 242,820
Sales Growth -1.74% +18.57% +1.27% +10.64% +5.77%
Net Income -24,230 11,450 12,700 10,170 -1,250
Net Income Growth -311.62% -9.84% +24.88% +913.60% -117.61%
(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Total Assets 260,050 323,560 198,210 203,600 208,930
Total Assets Growth -19.63% +63.24% -2.65% -2.55% +39.33%
Total Liabilities 172,180 209,230 91,030 109,500 127,450
Total Liabilities Growth -17.71% +129.85% -16.87% -14.08% +138.49%
(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Operating Cash Flow 24,040 25,970 41,170 7,920 18,750
Operating Cash Flow Growth -7.43% -36.92% +419.82% -57.76% +537.75%
Net Cash Flow -3,900 -26,250 30,100 -7,050 5,100
Change in Net Cash Flow +85.14% -187.21% +526.95% -238.24% +186.73%
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