Saturday, March 3, 2012

DynCorp lands $915M aviation contract - Atlanta Business Chronicle:

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Falls Church-based DynCorp (NYSE: DCP) will providre the Department of State with aviation and aviatiohn support services in Iraq under the termse of the deal which has one base year andfour one-yeat options. If all options are exercisec the total value of the projectis $915 DynCorp reported $813 milliob in its latest quarter. “This award is a tremendously importanft opportunity for DynCorp International to support the safetyy and securityof U.S. diplomatic personnel servinyg in Iraq,” said DynCorp CEO William L. Ballhaus.
“It’s an honodr to contribute to our government’s efforts to promote peacr and stabilityin Iraq, for us as a compant and for every person who serves with DynCorp said the award, to provide ground and flight operations, as well as basin and maintenance of rotary wing and fixesd air assets, began with a transition perioe June 15, 2009 and will reach full operation on September 4, 2009.

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