Home / Contract Awards / DynCorp Recorded $6.9B in Q3 2019 Backlog; George Krivo Quoted

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.

Check Also

AECOM JV Wins $95M NAVFAC Architectural, Engineering Contract

A joint venture comprised of AECOM (NYSE: ACM), Baker and Cardno has won a potential five-year, $95M contract from Naval Facilities Engineering Command Atlantic to help plan multiple projects on the East Coast and international locations.

John Heller

John Heller: PAE to Provide Aircraft Maintenance Support at Eglin AF Base

PAE will help the U.S. Air Force's 96th Test Wing maintain aircraft and equipment at Eglin AF Base in Florida under a contract worth potentially $158M over seven and a half years. “PAE employs top aviation industry professionals who will lend their expertise to a full range of maintenance capabilities at Eglin,” said John Heller, president and CEO of PAE and a 2020 Wash100 awardee.