DynCorp International and Partners Win FEMA Housing Contract
IRVING, Texas--(BUSINESS WIRE)--Aug. 16, 2006--DynCorp International LLC (NYSE:DCP) and its partners in Partnership for Temporary Housing (PaTH) have been awarded a contract by FEMA to provide temporary housing for future disaster victims. The two-year contract has a potential value of $250 million.
PaTH is a limited liability corporation formed by DynCorp International, Dewberry of Fairfax, Va., and Parsons Corporation of Pasadena, Calif. PaTH will provide responsive, cost-effective temporary housing services to disaster victims on behalf of the Department of Homeland Security's Federal Emergency Management Agency. PaTH is one of six awardees for the housing work.
PaTH will establish an organizational structure in Falls Church, Va., that will provide support with clear lines of reporting and approval and maximum integration with FEMA headquarters in Washington, DC.
The contract calls for the awardees to provide personnel and equipment throughout FEMA's 10 regions to aid victims of both man-made and natural disasters.
PaTH and the five other contract awardees also must provide subcontracting opportunities to qualified local small businesses, and will be accountable to FEMA for supervising the subcontractors.
DI is currently providing temporary housing structures in Louisiana's St. Bernard Parish, which was devastated by Hurricane Katrina.
DynCorp International is a professional services and project-management company serving governments, corporations, and international organizations worldwide. Headquartered in Irving, Texas, the company has more than 14,000 employees in some 35 countries. It had revenues of nearly $2 billion in the fiscal year ending March 31, 2006.
Dewberry is a multidisciplinary planning, engineering, and design firm providing emergency management, architecture, engineering, surveying, planning, landscape architecture, and GIS services - employing 1,840 individuals. Established in 1956, the firm is headquartered in Fairfax, Virginia, and maintains branch offices at 31 locations throughout the United States. Please visit www.dewberry.com for more information.
Parsons, celebrating more than 60 years of setting industry standards, is a leader in many diversified markets such as homeland security, planning, facilities, transportation, infrastructure, industrial processes, communications, water, environmental, and advanced technology. Parsons provides technical and management solutions to private industrial customers worldwide as well as federal, regional, and local government agencies. For more about Parsons, please visit us at www.parsons.com.
CONTACT: DynCorp International Gregory Lagana, 571-722-0207
SOURCE: DynCorp International