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Tag Archives: DynCorp

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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DynCorp Honored as a “Best Corporation for Veteran-Owned Businesses”

DynCorp International (NYSE:DCP) was honored for the fourth year in a row by Vetrepreneur magazine as one of the United States’ 10 best corporations for veteran-owned businesses . “Being named one of the 10 Best Corporations for Veteran-Owned Businesses for the fourth consecutive year means that our outreach efforts and …

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DynCorp’s Tony Smeraglinolo on Building Local Capacity

DynCorp’s (NYSE:DCP) Tony Smeraglinolo sat down with ExecutiveBiz to discuss, among other things, local capacity: “(Local capacity) comes through knowledge transfer, which takes the form of training, mentoring, and development activities. ‘Whether training police or hiring locals to help us in construction — not other third party nationals, as some …

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DynCorp Agrees to be Acquired by Cerberus for $1.5 Billion

Private investment firm Cerberus Capital Management will acquire DynCorp International (NYSE: DCP) for roughly $1.5 billion, according to a DynCorp press release. DynCorp’s news release said that its board of directors will recommend that stockholders approve the transaction.  According to the deal’s terms, stockholders will receive $17.55 in cash for …

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