DynCorp – Continuously Serving the Industry for 6 Decades
The name DynCorp was established in 1987. Previously the company was named Dynalectorn Corporation after California Eastern Aviation, Inc. acquired Land-Air, Inc. In the late 1990’s DynCorp Technical Services (DTS) was established. DTS handled DynCorp’s entire portfolio of domestic contracts while DynCorp International LLC handled all international business. Then in 2003 Computer Sciences Corporation purchased DynCorp and all of its subsidiaries. The next year CSC sold DynCorp International, DynMarine and specific DTS contracts to VERITAS Capital Management for $850 million. CSC retained the DynCorp name to become DynCorp International. Finally DynCorp International was acquired by Cerberus Capital Management for $17.55 per share.
As a result DynCorp International is now a private, wholly owned subsidiary of Cerberus. After setting a company recorded by hiring 12,300 new employees in 2011 the total number of DynCorp employees is roughly 27,000. In 1951 DynCorp’s predecessor Land-Air, Inc. became the first company to offer Contract Field Teams for aircraft maintenance and technical supports. Contracted by the Air Force Logistics Command maintenance contractors were deployed to military depots to repair U.S. military aircraft and weapons systems. They are the only company to offer continues CFT support for over 6 decades. DynCorp provides service to government agencies to reduce the flow of illicit drugs, strengthen law enforcement, and eliminate terrorism. Support of fixed wing and rotary aircraft is offered on and around aircraft carriers of either combat or non-combat missions, aviation life support missions, and aerial/satellite imagery.
More than 100 locations worldwide utilize DynCorp’s service in both hostile and austere locations. Modification programs are available for a broad range of weapons systems and more than 70 types of engines. Entire fleets can be update to mission-ready status through group A or group B kit designs. DynCorp is contracted with the U.S. Navy, the U.S. Air Force, the U.S. Army, and NASA. Maintenance support is offered to several countries including the Republic of the Philippines, throughout Europe, Southwest Asia, the Middle East, and Africa. Recently DynCorp provided support to Iraq which included search and rescue, medical evacuations, and transporting quick reaction forces. They were also hired to train Afghan pilots to train other Afghan pilots in an effort to strengthen the Afghan air force. In the U.S. DynCorp has assisted with emergency response air programs. DynCorp flies and maintains Grumman S-2 Tracker fire retardant air tankers and OV-10A aircraft for the California Department of Forestry and Fire Protection (A.K.A CAL fire). Cal Fire also flies a civilian UH-1H Super Huey helicopter that is maintained and serviced by DynCorp. More than 96 percent of DynCorp’s revenue comes from the US federal government.
Posted on November 17, 2014