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Tag Archives: DynCorp

IAP Worldwide Names Bob Phillips President, Former Boss Steve Gaffney Comments

IAP Worldwide Services named Robert L. Phillips to the position of president effective August 25, 2010. Steve Gaffney, who announced his departure to lead DynCorp, will continue to serve as Chairman of the Board of Directors for IAP. Phillips spent the last three years leading IAP’s global Base Operations Support …

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DynCorp a ‘Best Vet Employer’; Bill Ballhaus Speaks

DynCorp International was included on Military Times EDGE magazine’s 2010 list of Top 50 “Best for Vets” employers.  The company ranked 17th. According to the firm, “the magazine is dedicated to showing members of the military the practical and positive actions that can make their lives and careers better in …

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DynCorp Picks Up FAA’s Diamond Award

DynCorp International’s C-21A Contractor Logistics Support (CLS) team won the Federal Aviation Administration’s (FAA) prestigious Diamond Award for Excellence for the second year in a row. The C-21A CLS team handles maintenance support for the U.S. Air Force fleet of C-21s at locations in the U.S., Germany, and Southwest Asia. …

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DynCorp Acquisition Official; Bill Ballhaus Comments

DynCorp International’s acquisition by Cerberus Capital Management is a done deal, the firm reports. “With this announcement, DynCorp International enters an exciting new chapter, ” said Bill Ballhaus, DynCorp International’s President and Chief Executive Officer. “Built on six decades of trusted performance for the U.S. government, this solid foundation will …

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DynCorp, ITT, SAIC Pen DoD Contracts, Northrop Books 2

According to the Department of Defense, “DynCorp (NYSE: DCP) is being awarded $36, 100, 580 under a previously awarded cost-plus-award-fee contract (N62742-08-C-1115) to exercise the third option period to provide support services for Philippines operations support in the Republic of the Philippines for the Joint Special Operations Task Force Philippines. …

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DynCorp Stockholders OK Merger with Cerberus

DynCorp International Inc. (NYSE: DCP) stockholders have approved the merger agreement with certain affiliates of Cerberus Capital Management. The firm released the following statement: “The affirmative vote of the holders of a majority of the outstanding shares of Class A common stock, par value $0.01 per share, of the Company …

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DynCorp Announces Financial Move

DynCorp International (NYSE: DCP) has “commenced a cash tender offer and consent solicitation for any and all outstanding $376, 219, 000 aggregate principal amount of 9.5% Senior Subordinated Notes due 2013 (CUSIP No. 23326BAB0) of DynCorp International and DIV Capital Corporation. The tender offer and consent solicitation is being conducted …

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DynCorp’s Bill Ballhaus Discusses Financial Results

DynCorp (NYSE: DCP) has reported their fiscal 2010 fourth quarter and fiscal year 2010 financial results. “Solid program performance resulted in record revenue and EBITDA for both the quarter and the fiscal year, ” said William L. Ballhaus, DynCorp International’s Chief Executive Officer. “Our results reflect our continued commitment to …

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DynCorp’s Bill Ballhaus: Beltway Game Changer

According to ExecutiveBiz: “Two years ago, in May, Bill Ballhaus took over as chief executive of DynCorp International, a leading global services provider that supports U.S. national security and foreign policy goals. “A guy like Bill is somebody who could be with the company for 20 years, who could build …

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