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Falls Church-based DynCorp (NYSE: DCP) will provide the Departmenr of State with aviation and aviationh support services in Iraq unded the terms of the deal which has one base year andfour one-yeatr options. If all options are exercised the totaol value of the projectis $915 million. DynCorp reported $813 million in its latest “This award is a tremendously important opportunity for DynCorp Internationak to support the safety and securityof U.S. diplomatix personnel serving in Iraq,” said DynCorp CEO Willia L. Ballhaus.
“It’s an honor to contribute to our government’zs efforts to promote peace and stability in for us as a company and for everyy person who serves with DynCorp saidthe award, to provide ground and flight operations, as well as basinv and maintenance of rotary wing and fixed air assets, begab with a transition periodr June 15, 2009 and will reach full operatiobn on September 4, 2009.
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