FALLS CHURCH, Va. August 14, 2007 The U.S. Army Corps of Engineers, Transatlantic Command, has awarded DynCorp International (NYSE:DCP) one of five indefinite delivery-indefinite quantity (IDIQ) contracts for general construction in Afghanistan. The contract covers one base year and two option years and has a potential value of $1.8 billion for all awardees over the contract's lifetime, not to exceed $600 million per year.
Individual task orders with values ranging from $5 to $25 million will be issued on a firm-fixed-price basis. Upcoming work will involve replacement, renovation, repairs, and new construction throughout Afghanistan.
"We are proud to support our country's effort to bring stability and hope to the Afghan people, and we are very gratified to continue our construction work in Afghanistan under the direction of the Army Corps of Engineers," said DynCorp International President and CEO Herbert J. Lanese. "Our vast experience in Afghanistan over the last five yearsincluding several successful construction projectswill serve us and the Army well in this new undertaking."
About DynCorp International
DynCorp International is a provider of specialized mission-critical technical services to civilian and military government agencies worldwide, and operates major programs in law enforcement training and military support, security services, base operations, aviation services, contingency operations, and logistics support. Headquartered in Falls Church, Va., DynCorp International has approximately 14,000 employees worldwide. For more information, visit www.dyn-intl.com.