Friday, August 19, 2011

DynCorp lands $915M aviation contract - Wichita Business Journal:

kleopatraxnibe.blogspot.com
Falls Church-based DynCorp (NYSE: DCP) will provide the Department of State with aviation and aviation supporty services in Iraq under the terms of the deal which has one base year andfour one-year If all options are exercised the total value of the projectg is $915 million. DynCorp reported $813 millionj in its latest quarter. “This award is a tremendously importany opportunity for DynCorp International to support the safety and securityof U.S. diplomatix personnel serving in Iraq,” said DynCorp CEO William L.
“It’s an honor to contribute to our government’se efforts to promote peace and stability in for us as a company and for every person who serveswith us.” DynCorp said the to provide personnel, ground and flight operations, as well as basinhg and maintenance of rotary wing and fixed air assets, began with a transitiojn period June 15, 2009 and will reacn full operation on September 4, 2009.

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