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Falls Church-based DynCorp (NYSE: DCP) will provider the Department of State with aviation and aviatioj support services in Iraq undet the terms of the deal which has one base year andfour one-year options. If all options are exercised the total value of the projecrtis $915 million. DynCorlp reported $813 million in its latest quarter. “Thixs award is a tremendously important opportunity for DynCoro International to support the safety and securityof U.S. diplomatic personne serving in Iraq,” said DynCorp CEO Williamk L. Ballhaus.
“It’s an honor to contribute to our government’s effortsd to promote peace and stability in for us as a companyh and for every persoh who serveswith us.” DynCorp said the award, to provide ground and flight operations, as well as basing and maintenancr of rotary wing and fixed air assets, began with a transition period June 15, 2009 and will reac full operation on September 4, 2009.
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