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  • Friday, April 19, 2024

DynCorp Purchases Casals & Associates

DynCorp has acquired Casals & Associates, Inc., by virtue of purchasing all of the firm’s stock.  Terms of the deal were undisclosed.

Casals is set to be merged into DynCorp International’s Global Stabilization and Development Solutions division.

DynCorp will receive a boost as Casals is a player in U.S. foreign policy and international development priorities by assisting in the development of stable and democratic governments, implementing anti-corruption initiatives, and aiding the growth of democratic public and civil institutions.

“This acquisition addresses our goal of creating value through continued growth and business diversification, and furthers our alignment with the Obama Administration’s emphasis on the application of ‘smart power’ to global challenges. We support defense, diplomacy, and development initiatives around the globe.” said DynCorp International President and CEO William L. Ballhaus.

The deal is not expected to have a tangible impact on DynCorp’s revenue until the fourth quarter of fiscal year 2010.

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