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Sunday, November 22nd, 2009

Army Gives Out $15 Billion in Contracts

July 8, 2009 by Mark Ellis  
Filed under Business

Army Gives Out $15 Billion in Contracts

DynCorp International Inc. and Fluor Corp. are the fortunate companies that the Army will pay up to $15 billion over the next five years to build army bases and other military necessities. The Pentagon has yet to decide exactly how much of the $15 billion it will need to pay to meet its needs.
 
Defense contractors have the potential to rake in the profits because of the fact that Afghanistan is much less developed than Iraq as far as U.S. military concerns go. KBR Inc., the previous company in charge of several infrastructural contracts throughout the Middle East, lost the bidding …read more

DynCorp International Lands $915M Contract

June 15, 2009 by Stephen Kersey  
Filed under Business

DynCorp International Lands $915M Contract

DynCorp International, a worldwide provider of specialized services to military agencies and civilians, has announced that they have agreed on a deal with the United States Department of State that could potentially pay as much as $915 million. The deal calls for DynCorp International to provide security for United States diplomatic personnel when in the country of Iraq.
The deal, which could last anywhere from one year to five years, goes into full effect in the first week of September.
Said William L. Ballhaus, the CEO of DynCorp International: “This award is a tremendously important opportunity for DynCorp International to support the …read more


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