The information in these press releases was accurate at the time of posting but may have been superseded by subsequent news releases.
FALLS CHURCH, Va -- April 18, 2008 -- The U.S. Army Sustainment Command
has again selected DynCorp International (NYSE:DCP) as one of three
providers of logistics support to the U.S. Army under the Logistics
Civil Augmentation Program (LOGCAP) IV contract. The LOGCAP IV contract
has a term of up to 10 years and a potential annual value to DynCorp
International of $5 billion in gross revenue.
Under this
contract, DynCorp International will support U.S. forces worldwide with
immediate focus on those deployed in the Middle East. DynCorp
International holds several important logistics and contingency
contracts for the U.S. military, and was the sole holder of the LOGCAP
II contract from 1997-2002.
DynCorp International is teamed
with CH2M Hill and Taos Industries, Inc. (a subsidiary of Agility
Defense & Government Services) for LOGCAP IV.
The initial
award of the LOGCAP IV contract was made June 26, 2007, but as a result
of a protest of the award to the GAO the U.S. Army requested new
proposals for evaluation.
LOGCAP IV is the Army component of
the Department of Defense’s efforts to award contracts with U.S.
companies for a broad range of logistics and support to U.S. and allied
forces during combat, peacekeeping, humanitarian, and training
operations. These services include facilities, supplies, maintenance,
and transportation. The LOGCAP objective is to use civilian contractors
to perform selected services in a theater of operations to augment Army
forces and release military units for other missions or to fill
shortfalls.
About DynCorp International
DynCorp
International 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 15,000 employees worldwide. For more
information, visit www.dyn-intl.com.