PRESS RELEASE
DynCorp International and Thiess Pty. Ltd. Form Joint Venture to
Pursue Australian Defense Sector Government Contracts
New Agreement Reflects Countries’ Long-Standing Mutual Commitment
FALLS CHURCH, Va. — December 6, 2007 —
DynCorp International (NYSE: DCP) announced today a partnership with
Thiess Pty. Ltd to pursue Australian government contracts in the
defense sector. The joint venture will follow a model that is
independent of original equipment manufacturers (OEM) to offer scalable
services to the Australian Department of Defence, as well as other
forces.
The joint venture’s initial pursuits will be for
Through-Life-Support (TLS) programs offered by the Defence Material
Organization including Main Battle Tanks (M1A1 Abrams), Australian
Light Armored Vehicles (ASLAV), transport vehicles, and self-propelled
155mm guns. The pursuit of maintenance and logistics-support programs
for aircraft and other land vehicles will also be considered.
DynCorp
International’s status as a service provider for the U.S. Armed Forces,
the U.S. Department of State, and export markets provides the joint
venture with expert skills in aviation and land maintenance. DynCorp
International has been working with the U.S. Department of Defense for
nearly 60 years.
Thiess Pty. Ltd is a leading integrated
engineering and services provider with diverse operations throughout
Australia, South East Asia, and the Pacific. Thiess Pty. Ltd has
delivered some of Australia’s largest and most complex infrastructure
projects through its building, civil engineering, mining, and
industrial services, including the operation and maintenance of TLS
industrial assets.
“The United States and Australia have a
strong alliance, and we are proud to be a part of the bond that both
unites and protects our two nations,” said DynCorp International
President and CEO Herbert J. Lanese. “This is an ideal partnership
between two outstanding companies, and we are proud to be joined with
Thiess. Together, Thiess and DynCorp International have the capacity
and the experience to deliver tangible benefits in operational
readiness to both the Australian and U.S. defense forces. We look
forward to getting to work.”
A ceremony was held September 19
at the Australian Parliament House, with the Australian Minister for
Defence presiding, in anticipation of this final agreement. The Embassy
of Australia also hosted a signing ceremony on December 3 to solidify
the agreement.
About DynCorp International
DynCorp
International (NYSE:DCP) is a provider of specialized mission-critical
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.
About Thiess Pty. Ltd
Thiess
is one of Australia’s leading industrial service companies and a fully
owned subsidiary of the Leighton Group and is one of Australia’s top 20
publicly listed companies. Thiess has an impressive record of having
successfully delivered some of Australia’s largest and most complex
infrastructure projects and has long standing ties with the Australian
Government and the Defence Department. Some completed Thiess projects
include the construction of major defence installations; an example of
this is the remediation of the HMAS Waterhen naval base in Sydney
Harbour and the redevelopment of the Marilinga nuclear test site.
Thiess is also responsible for the disposal of used batteries on behalf
of the Australian Defence force.