No, they want to have a more precise Bible to use for their studies and classes.
Nothing to do with the dispensationalism other than translating the Scriptures. we will not be doing any study note either, just associated scriptures to help the reader
I personally have found the KJ version to be the least adulterated by the hands of man... because I can use the Strong’s to see for myself what the word used might mean. I use the Companion Bible, because of the wealth of information supplied in the Appendix ... as well as information supplied in the margins parallel to the scripture...
https://www.companionbiblecondensed.com