PRESS RELEASE
DynCorp International Awarded U.S. Army Contract for Construction in Afghanistan
FALLS CHURCH, Va. — August 14, 2007 — The
U.S. Army Corps of Engineers, Transatlantic Command, has awarded
DynCorp International (NYSE:DCP) one of five indefinite
delivery-indefinite quantity (IDIQ) contracts for general construction
in Afghanistan. The contract covers one base year and two option years
and has a potential value of $1.8 billion for all awardees over the
contract’s lifetime, not to exceed $600 million per year.
Individual
task orders with values ranging from $5 to $25 million will be issued
on a firm-fixed-price basis. Upcoming work will involve replacement,
renovation, repairs, and new construction throughout Afghanistan.
“We
are proud to support our country’s effort to bring stability and hope
to the Afghan people, and we are very gratified to continue our
construction work in Afghanistan under the direction of the Army Corps
of Engineers,” said DynCorp International President and CEO Herbert J.
Lanese. “Our vast experience in Afghanistan over the last five
years—including several successful construction projects—will serve us
and the Army well in this new undertaking.”
About DynCorp International
DynCorp
International is a provider of specialized mission-critical technical
services to civilian and military government agencies worldwide, and
operates major programs in law enforcement training and support,
security services, base operations, aviation services, contingency
operations, and logistics support. Headquartered in Falls Church, Va.,
DynCorp International has approximately 14,000 employees worldwide. For
more information, visit
www.dyn-intl.com.