Dynamics Research Corp. will open a new capital region headquarters in Arlington
- January 11, 2011
Massachusetts-based Dynamics Research Corp. plans to open a new national capital region headquarters in Arlington’s Clarendon Square by June 1. The move will consolidate existing operations in Reston, Ballston and Crystal City, and expand the presence of the management consultant and IT company in the Washington, D. C. region.
With more than 600 employees in the metro area, the D. C. area is now DRC’s largest operating location. DRC’s chairman and CEO, Jim Regan, has relocated his primary office to Northern Virginia. However, the company’s corporate headquarters remain in Andover, Mass.
“The strong growth momentum of our federal business was the catalyst for this strategic initiative,” Regan said in a statement. “In 2010, 60 percent of our business was concentrated in federal growth markets. This business, which is located primarily in the national capital region, is anticipated to increase to approximately 65 percent of total revenue in 2011, growing in the range of 13 to 15 percent.”
The Clarendon office will include the company’s newly formed Federal Group headquarters as well as a demonstration center, a training center and DRC executive offices.
The 37,000-square-feet Clarendon office is located in the Clarendon Square Building, adjacent to the Clarendon Metro station.