DynCorp Wins $307M for Army Int’l Aviation Maintenance Services

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DynCorp International has won potential five-year, $307.1 million contract to help the U.S. Army perform aviation maintenance work in locations outside the continental U.S. The hybrid firm-fixed-price, cost-plus-incentive fee contract with Army Aviation and Missile Life Cycle Management Command contains one base year and four option years, the company announced Thursday. Work will occur at U.S. military...

DynCorp to Help Maintain Navy Fleet Readiness Center Equipment; Jim Myles Comments

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DynCorp International has won a one-year $27 million task order from the U.S. Air Force to help maintain and repair equipment at a U.S. Navy facility in Solomons, Md. The task order was awarded under the Contract Field Teams program and covers maintenance work on the Navy Fleet Readiness Center’s aviation support equipment, DynCorp said Wednesday. Jim Myles, senior vice president at DynAviation,...

DynCorp Wins $86M to Help Manage Aircraft Logistics in Afghanistan; Jim Myles Comments

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DynCorp International (NYSE: DCP) has won an $86.6 million contract to help AASKI Technology manage logistics services for an aircraft fleet in Kandahar, Afghanistan. The company will help handle pilots and flight operations and maintain the King Air 300 and King Air 350 aerial fleet for the Task Force Observe, Detect, Identify and Neutralize aerial platforms, DynCorp said Wednesday. Those platforms...

DynCorp Wins War Reserve Materiel Asset Contract’s Fifth Year; George Krivo Comments

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DynCorp International has won the fifth option year out out of eight under a potential $540.7 million contract with the U.S. Air Force to help manage assets in the U.S. and Middle East. War Reserve Materiel assets comprise of expeditionary airfield resources, aerospace ground equipment, air base operability equipment, mobility readiness spares packages and peacetime operating stocks, DynCorp said...

DynCorp Wins $122M for Army Logistics Support; George Krivo Comments

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DynCorp International (NYSE: DCP) has won a potential $122 million task order to provide transportation, supply and management services to the U.S. Army. The cost-plus, fixed-fee order includes nine base months and four option years and was awarded through the Enhanced Army Global Logistics Enterprise program, DynCorp said Friday. George Krivo, senior vice president for DynLogistics, said the company...

DynCorp to Realign Business Units, Start New Intl Org; Steve Gaffney Comments

Steve Gaffney DynCorp International is reorganizing from five business units to three, with one of them a new organization intended to focus on international opportunities, the Washington Post reports. Marjorie Censer writes the company will restructure into three business units: DynAviation, DynLogistics and the new DynGlobal organization. Steve Gaffney, DynCorp chairman, president and CEO told the...

DynCorp FY 2012 Revenue Grows 9%; Steve Gaffney Comments

Steve Gaffney DynCorp International‘s parent company has announced financial results for both its fourth quarter and full 2012 fiscal year, ended Dec. 31, 2012. Delta Tucker Holdings reported $4 billion in revenue for the full year and $1.02 billion for the quarter, respective increases of 8.7 percent and 4.6 percent over the prior year periods. Profit attributable to Delta Holdings rose 72 percent...

DynCorp Wins $35M To Train Army Soldiers On Vehicles; Kenneth Juergens Comments

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DynCorp International has won a potential $35.3 million contract to help the U.S. Army train soldiers on tactical vehicles, as well as help maintain trucks and other related equipment. The competitively-awarded, fixed-price level of effort contract contains one base year and two option years, DynCorp said Thursday. “We are proud to have this opportunity to continue supporting our soldiers by providing...

DynCorp Parent Reports 8% 3Q Revenue Jump, Aviation Up 23%; Steve Gaffney Comments

Steve Gaffney The parent company of DynCorp International has announced financial results for the first quarter of fiscal year 2013 ended Sept. 28, 2012. Delta Tucker Holdings reported a revenue increase of 8 percent over the prior year period to $1.01 billion, attributing it in part to new contract wins in the aviation group, which reported a 23 percent year-over-year revenue increase. Total backlog...

Former UTC CFO James Geisler Joins DynCorp Board; Steve Gaffney Comments

James Geisler James Geisler, a former chief financial officer at United Technologies, has joined DynCorp International’s board of directors, DynCorp announced Monday. Steve Gaffney Geisler served as UTC’s CFO for four years, where he oversaw the company’s treasury, investor relations and financial planning functions as CFO. DynCorp Chairman and CEO Steve Gaffney said in a release Geisler...

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