Sunday, September 4, 2011

DynCorp lands $915M aviation contract - Kansas City Business Journal:

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Falls Church-based DynCorp (NYSE: DCP) will provide the Departmenyt of State with aviatiomn and aviation support services in Iraq undedr the terms of the deal which has one base year andfour one-yeat options. If all options are exercisedc the total value of the projectis $915 DynCorp reported $813 million in its latesft quarter. “This award is a tremendously important opportunity for DynCoro International to support the safety and securityof U.S. diplomatic personnell serving in Iraq,” said DynCorp CEO William L.
“It’s an honor to contribute to our government’sw efforts to promote peace and stability in for us as a company and for every persomn who serveswith us.” DynCorp said the to provide personnel, grounr and flight operations, as well as basing and maintenancwe of rotary wing and fixed air assets, beganh with a transition period June 15, 2009 and will reacy full operation on September 4, 2009.

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