Delta Tucker Holdings, Inc. provides aviation solutions, law enforcement training and support, base and logistics operations, intelligence training, rule of law development, construction management, international development, ground vehicle support, counter-narcotics aviation, platform services, and operations and linguist services in the United States and internationally. The company operates in two segments, DynAviation and DynLogistics. The DynAviation segment provides maintenance of aircraft fleet and ground vehicles, which include logistics support on aircraft and aerial firefighting services, weapons systems, and related support equipment. This segment also provides foreign assistance ...
1700 Old Meadow Road
McLean, VA 22102
Founded in 1946
Delta Tucker Holdings, Inc Appoints Lee A. Van Arsdale as Board of Directors
Jan 5 17
Delta Tucker Holdings, Inc. appointed Lee A. Van Arsdale to the company's Board of Directors. Mr. Van Arsdale will also serve as a member of each of the Board's three committees: the Audit Committee, the Business Ethics and Compliance Committee and the Compensation Committee. Mr. Van Arsdale served 25 years in the United States Army with assignments primarily in Special Forces, with 11 years spent in the First Special Forces Operational Detachment-Delta (Airborne). In the course of his 25 year Army career, Mr. Van Arsdale served in three combat zones in leadership positions, and was decorated for valor with the Silver Star and with the Purple Heart for wounds received in combat. Mr. Van Arsdale was the Assistant General Manager for National Security Response at the Bechtel Nevada Corporation; he incorporated Unconventional Solutions, Inc.
Delta Tucker Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016; Reports Impairment of Goodwill, Intangibles and Long Lived Assets for the Third Quarter Ended September 30, 2016; Provides Earnings Guidance for the Full Year of 2016; Provides Earnings Guidance for the Year 2017
Nov 14 16
Delta Tucker Holdings Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of $503,434,000 compared to $479,808,000 a year ago. Operating income was $9,390,000 compared to $1,319,000 a year ago. Loss before income taxes was $10,507,000 compared to $15,790,000 a year ago. Net loss was $6,964,000 compared to $15,250,000 a year ago. Net loss attributable to the company was $7,271,000 compared to $15,749,000 a year ago. EBITDA was $18,421,000 compared to EBITDA of $10,372,000 a year ago. Adjusted EBITDA was $26,470,000 compared to $26,712,000 a year ago.
For the nine months, the company reported revenue of $1,374,392,000 compared to $1,437,000,000 a year ago. Operating income was $9,940,000 compared to loss of $80,741,000 a year ago. Loss before income taxes was $38,667,000 compared to $129,434,000 a year ago. Net loss was $46,348,000 compared to $119,409,000 a year ago. Net loss attributable to the company was $47,151,000 compared to $120,636,000 a year ago. EBITDA was $40,787,000 compared to LBITDA was $52,667,000 a year ago. Adjusted EBITDA was $69,013,000 compared to $70,143,000 a year ago. Net cash provided by operating activities was $24,677,000 compared to net cash used in operating activities was $25,518,000 a year ago. Purchase of property and equipment, net was $2,762,000 compared to $2,680,000 a year ago.
For the quarter, the company reported impairment of goodwill, intangibles and long lived assets was $1,782,000 against $6,690,000 a year ago.
For the full year of 2016, the company expected revenues at about $1.825 billion. Adjusted EBITDA guidance to $97 million at the midpoint of the range, based on third quarter performance in DynLogistics and visibility into fourth quarter profitability.
For the year 2017, The company expects to record adjusted EBITDA of $88 million and $92 million. Revenue to fall in between $1.525 billion and $1.55 billion.