PRESS RELEASE
U.S. Army Extends LCCS C-12 Program for DynCorp International
FALLS
CHURCH, Va. – January 8, 2010 – The U.S. Army has extended service
under the final option year of the Army Life Cycle Contractor Support
Services (LCCS) C-12 Program for DynCorp International (NYSE:DCP). The
current contract, which was awarded to DynCorp International in 2000,
was due to expire at the end of January 2010, and has now been extended
to July 31, 2010. The extension of service at current rates and an
equivalent volume of service as in the final option year is potentially
valued at approximately $67 million, based on an equivalent volume of
service as the first six months of the current option year.
Under
the Army LCCS Program, DynCorp International provides maintenance and
logistical support for 190 Army C-12, RC-12, and UC-35 aircraft at more
than 70 sites and multiple worldwide deployments. This includes total
aircraft system maintenance services, logistical support, and
management processes to maintain the worldwide fleet.
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, intelligence, aviation services, contingency
operations, and logistics support. DynCorp International is
headquartered in Falls Church, Va. For more information, visit
www.dyn-intl.com.
Forward-Looking Statements
Certain
statements made in this announcement, other than historical data and
information, constitute "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act. All forward-looking
statements reflect the expectations of management and are based on
estimates and assumptions that, although believed to be reasonable, are
inherently uncertain. Forward-looking statements involve risks and
uncertainties, including, but not limited to, economic, competitive,
governmental, and technological factors outside of the Company's
control that may cause its business, strategy or actual results or
events to differ materially from the statements made herein. These
risks and uncertainties may include, but are not limited to, the risks
detailed from time to time in the Company's reports filed with the
Securities and Exchange Commission. Given these risks and
uncertainties, you are cautioned not to place undue reliance on
forward-looking statements. The Company undertakes no obligation to
publicly update or revise any forward-looking statement as a result of
new information, future events or otherwise, except as required by law.