DynCorp Recorded $6.9B in Q3 2019 Backlog; George Krivo Quoted

Jeff Brody
George Krivo

DynCorp International posted a record backlog of $6.9B during the third quarter of 2019, driven by multiple new contract wins, GovCon Wire has learned.

“A successful year starts with winning new business and I am especially pleased with all of our wins this year,” George Krivo, DynCorp CEO and a 2019 Wash100 award, said in a statement.

“We also refinanced, paid down company debt to the lowest level since the Cerberus acquisition, and importantly, had $6.9 billion in backlog at the close of Q3 – by far the highest number I have seen for that indicator in my ten years with DI,” he added.

Some of the contracts DynCorp received this year are two aviation field maintenance contracts with the U.S. Army; aviation command and control operations and maintenance services contract with Air Combat Command of the U.S. Air Force; and national aviation maintenance and logistics support contract with the Customs and Border Protection.

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