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May 26, 2015 12:58 AM ET

Aerospace and Defense

Company Overview of DynCorp International Inc.

Company Overview

DynCorp International Inc., through its subsidiaries, provides defense and technical services, and government outsourced solutions. The company operates in three segments: Global Stabilization and Development Solutions; Global Platform Support Solutions; and Global Linguist Solutions. The Global Stabilization and Development Solutions segment offers training and mentoring services that include international policing and police training, judicial support, immigration support, and base operations; security and personal protection for diplomats and senior governmental officials; and logistics services comprising construction services, facilities management, electrical power, water, sewage, and ...

1700 Old Meadow Road

McLean, VA 22102

United States

Founded in 2005

Phone:

571-722-0210

Key Executives for DynCorp International Inc.

Interim Chief Executive Officer and Director
Age: 47
Compensation as of Fiscal Year 2014.

DynCorp International Inc. Key Developments

DynCorp International Inc. Announces Employees Layoff

DynCorp International Inc. announced that it laid off more employees during its first quarter as part of the company's latest effort to recover from years of hemorrhaging money. These layoffs come three months after reported that the company would lay off about 400 employees who had supported ground support equipment maintenance for Navy aircraft. Those employees had been located at the Navy's Aviation Support Fleet Readiness Center headquartered at Solomons, Maryland.

DynCorp International Inc. Reports Earnings Results for the First Quarter of 2015

DynCorp International Inc. reported earnings results for the first quarter of 2015. The company reported first quarter revenue of USD 467.0 million, compared to USD 612.8 million in the first quarter 2014, with the decrease primarily driven by the continued drawdown of US forces in Afghanistan, reduced service needs in Iraq and delays in new business awards. Net loss attributable to Holdings for the first quarter 2015 was USD 14.8 million, compared with a net loss attributable to Holdings of USD 0.8 million in the first quarter 2014, primarily due to the revenue decline, lower earnings from equity method investees and the impact of a tax provision, partially offset by lower selling general and administrative expenses and lower interest expense. The company reported Adjusted EBITDA of USD 17.2 million for the first quarter, compared with USD 34.6 million for the same period in 2014.

DynCorp International Wins Federal Contract

US Army Aviation and Missile Life Cycle Management Command said it has awarded DynCorp International a contract modification to continue providing aviation maintenance services throughout the Theater Aviation Sustainment Manager - OCONUS (TASM-O) and Theater Aviation Sustainment Manager - Southwest Asia (TASM-S) regions under the Army Aviation Field Maintenance (AFM) contract. Under this contract, DI provides Army Aviation field and sustainment level maintenance services including RESET in accordance with established technical bulletins and directives, installation of modification work orders (MWOs), support to the installation aviation activities and support to combat aviation brigades.

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