Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 12, 2016 3:44 AM ET

Aerospace and Defense

Company Overview of Delta Tucker Holdings, Inc.

Company Overview

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

United States

Founded in 1946

5,900 Employees

Phone:

571-722-0210

Key Executives for Delta Tucker Holdings, Inc.

Chief Executive Officer
Age: 54
President
Age: 59
Chief Financial Officer and Senior Vice President
Age: 53
Chief Administrative Officer, Chief Legal Officer and Senior Vice President
Age: 51
Chief Compliance Officer and Senior Vice President
Age: 56
Compensation as of Fiscal Year 2015.

Delta Tucker Holdings, Inc. Key Developments

Delta Tucker Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 25, 2015; Reports Impairment of Goodwill, Intangibles and Long Lived Assets for the Third Quarter Ended September 25, 2015; Provides Earnings Guidance for the Fourth Quarter and Full Year of 2015

Delta Tucker Holdings Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 25, 2015. For the quarter, the company reported revenue of $479,808,000 compared to $540,327,000 a year ago. Operating income was $1,319,000 compared to operating loss of $77,727,000 a year ago. Loss before income taxes was $15,790,000 compared to $94,182,000 a year ago. Net loss was $15,250,000 compared to $71,022,000 a year ago. Net loss attributable to the company was $15,749,000 compared to $71,514,000 a year ago. EBITDA was $10,372,000 compared to negative EBITDA of $65,177,000 a year ago. Adjusted EBITDA was $26,712,000 compared to $28,777,000 a year ago. Adjusted EBIT was $26.7 million. Net debt at quarter end was $576.7 million, up $28.4 million from year-end levels. For the nine months, the company reported revenue of $1,437,000,000 compared to $1,744,052,000 a year ago. Operating loss was $80,741,000 compared to $140,687,000 a year ago. Loss before income taxes was $129,434,000 compared to $191,522,000 a year ago. Net loss was $119,409,000 compared to $152,494,000 a year ago. Net loss attributable to the company was $120,636,000 compared to $154,351,000 a year ago. LBITDA was $52,667,000 compared to $103,764,000 a year ago. Adjusted EBITDA was $70,143,000 compared to $93,069,000 a year ago. Net cash used in operating activities was $25,518,000 compared to $17,721,000 a year ago. Purchase of property and equipment, net was $2,680,000 compared to $7,129,000 a year ago. Purchase of software was $998,000 compared to $1,101,000 a year ago. For the quarter, the company reported impairment of goodwill, intangibles and long lived assets was $6,690,000 against $50,955,000 a year ago. The company expects to be free cash flow positive at year end 2015. The company now expects full year revenue to come in between $1.89 billion and $1.93 billion, so about $1.91 billion at the midpoint. And adjusted EBITDA lands within the $90 million to $93 million range, excluding operational efficiencies. In the fourth quarter, the company expects revenues to approximate third quarter results, which were $479.8 million; and margins to come in just below 5%, which are in line with the full year profit margins through the first 9 months of 2015.

Delta Tucker Holdings, Inc., Q3 2015 Earnings Call, Nov 06, 2015

Delta Tucker Holdings, Inc., Q3 2015 Earnings Call, Nov 06, 2015

Delta Tucker Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 26, 2015; Provides Earnings Guidance for the Full Year 2015; Reports Impairment Charges for the Second Quarter Ended June 26, 2015

Delta Tucker Holdings, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 26, 2015. For the quarter, the company reported revenue was $490,170,000 compared to $590,966,000 a year ago. Operating loss was $86,511,000 compared to $79,999,000 a year ago. Loss before income taxes was $103,050,000 compared to $97,131,000 a year ago. Net loss attributable to company was $90,055,000 compared to $82,072,000 a year ago. EBITDA was $75,851,000 compared to $67,437,000 a year ago. Adjusted EBITDA was $26,199,000 compared to $29,728,000 a year ago. Net loss attributable to holdings was also impacted by a non-cash charge for impairment of goodwill of $86.8 million in the second quarter 2015, compared with $90.7 million for the same period in 2014. The modest decrease in adjusted EBITDA was attributed to lower operational tempo on the INL Air Wing program offset in part by continued organic growth and enhanced productivity on existing Middle East contracts. Second quarter revenue was decreased primarily driven by the continued drawdown of U.S. forces in Afghanistan, the completion of certain tasks orders under the Contract Field Teams (CFT) program and the completion of the Counter Narcoterrorism Technology Program Office (CNTPO) program. For the six months, the company reported revenue was $957,192,000 compared to $1,203,725,000 a year ago. Operating loss was $82,060,000 compared to $62,961,000 a year ago. Loss before income taxes was $113,644,000 compared to $97,341,000 a year ago. Net loss attributable to company was $104,888,000 compared to $82,839,000 a year ago. EBITDA was $63,039,000 compared to $38,587,000 a year ago. Adjusted EBITDA was $43,431,000 compared to $64,291,000 a year ago. Net cash used in operating activities was $12,955,000 compared to net cash provided by operating activities of $54,085,000 a year ago. Purchase of property and equipment, net was $2,123,000 compared to $6,448,000 a year ago. Purchase of software was $847,000 compared to $887,000 a year ago. Negative free cash flow was $15,925,000 against $46,750,000 a year ago. For 2015, the company expects adjusted EBITDA to be between $83 million and $87 million. 2015 revenues will come in between $1.87 billion and $1.95 billion. For the second quarter, the company reported impairment of goodwill, intangibles and long lived assets was $86,795,000 against $91,759,000 a year ago.

Similar Private Companies By Industry

Company Name Region
Airco Industries, Inc. United States
Georgia Aerospace Systems Manufacturing Inc. United States
Sierracin Corporation United States
Epsilon Systems Solutions, Inc. United States
Star Aviation, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Delta Tucker Holdings, Inc., please visit www.dyn-intl.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.