New Agreement Reflects Countries’ Long-Standing MutualCommitment
FALLS CHURCH, Va. (December 6, 2007) – DynCorpInternational (NYSE: DCP) announced today a partnership with ThiessPty. Ltd to pursue Australian government contracts in the defensesector. The joint venture will follow a model that is independentof original equipment manufacturers (OEM) to offer scalableservices to the Australian Department of Defence, as well as otherforces.
The joint venture’s initial pursuits will be forThrough-Life-Support (TLS) programs offered by the Defence MaterialOrganization including Main Battle Tanks (M1A1 Abrams), AustralianLight Armored Vehicles (ASLAV), transport vehicles, andself-propelled 155mm guns. The pursuit of maintenance andlogistics-support programs for aircraft and other land vehicleswill 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 marketsprovides the joint venture with expert skills in aviation and landmaintenance. 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 servicesprovider with diverse operations throughout Australia, South EastAsia, and the Pacific. Thiess Pty. Ltd has delivered some ofAustralia’s largest and most complex infrastructure projectsthrough its building, civil engineering, mining, and industrialservices, including the operation and maintenance of TLS industrialassets.
“The United States and Australia have a strong alliance, and weare proud to be a part of the bond that both unites and protectsour two nations,” said DynCorp International President and CEOHerbert J. Lanese. “This is an ideal partnership between twooutstanding companies, and we are proud to be joined with Thiess.Together, Thiess and DynCorp International have the capacity andthe experience to deliver tangible benefits in operationalreadiness to both the Australian and U.S. defense forces. We lookforward to getting to work.”
A ceremony was held September 19 at the Australian ParliamentHouse, with the Australian Minister for Defence presiding, inanticipation of this final agreement. The Embassy of Australia alsohosted a signing ceremony on December 3 to solidify theagreement.
About DynCorp International
DynCorp International (NYSE:DCP) is a provider of specializedmission-critical services to civilian and military governmentagencies worldwide, and operates major programs in law enforcementtraining and support, security services, base operations, aviationservices, contingency operations, and logistics support.Headquartered in Falls Church, Va., DynCorp International hasapproximately 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 companiesand a fully owned subsidiary of the Leighton Group and is one ofAustralia’s top 20 publicly listed companies. Thiess has animpressive record of having successfully delivered some ofAustralia’s largest and most complex infrastructure projects andhas long standing ties with the Australian Government and theDefence Department. Some completed Thiess projects include theconstruction of major defence installations; an example of this isthe remediation of the HMAS Waterhen naval base in Sydney Harbourand the redevelopment of the Marilinga nuclear test site. Thiess isalso responsible for the disposal of used batteries on behalf ofthe Australian Defence force.