DynCorp Acquisition Official; Bill Ballhaus Comments
DynCorp International’s acquisition by Cerberus Capital Management is a done deal, the firm reports. “With this announcement, DynCorp International enters an exciting new chapter,” said Bill Ballhaus, DynCorp International’s President and Chief Executive Officer. “Built on six decades of trusted performance for the U.S. government, this solid foundation will only be strengthened by the operational [...]
DynCorp’s Bill Ballhaus Discusses Financial Results
DynCorp (NYSE: DCP) has reported their fiscal 2010 fourth quarter and fiscal year 2010 financial results. “Solid program performance resulted in record revenue and EBITDA for both the quarter and the fiscal year,” said William L. Ballhaus, DynCorp International’s Chief Executive Officer. “Our results reflect our continued commitment to execute our strategy to grow our [...]
DynCorp’s Bill Ballhaus Comments on New Media Comm. Lead Ashley V. Burke
DynCorp (NYSE:DCP) has appointed Ashley Vanarsdall Burke as senior director, Media Communications. She will develop media communications strategy, manage the company’s external media relations, and serve as DynCorp’s corporate spokesperson. “I am pleased to welcome Ashley to the DI team,” said DynCorp International President and CEO Bill Ballhaus. “Her experience in our industry – and [...]
DynCorp’s Bill Ballhaus: Beltway Game Changer
According to ExecutiveBiz: “Two years ago, in May, Bill Ballhaus took over as chief executive of DynCorp International, a leading global services provider that supports U.S. national security and foreign policy goals. “A guy like Bill is somebody who could be with the company for 20 years, who could build us into a world-class operation,” [...]
DynCorp Agrees to be Acquired by Cerberus for $1.5 Billion
Private investment firm Cerberus Capital Management will acquire DynCorp International (NYSE: DCP) for roughly $1.5 billion, according to a DynCorp press release. DynCorp’s news release said that its board of directors will recommend that stockholders approve the transaction. According to the deal’s terms, stockholders will receive $17.55 in cash for each share of DynCorp common [...]
What Makes A Good GovCon Acquisition?
The past week has seen at five major government contracting acquisitions announced. This begs the question: what makes a good govcon acquisition? What are the growth areas for govcon? Read on to find out. DynCorp Purchases Casals & Associates DynCorp is boosting its presence in U.S. foreign policy and international development priorities with its acquisition [...]
2009 People to Watch: What Have They Been Up To?
Brad Antle: Searching for the next big IT services and engineering company Brad Antle started the year as President of Bradford SCG, an IT and services consulting group, after nearly 10 years as president and CEO of SI International, Inc. Antle also reunited with an old partner: Frontenac, the private equity firm that provided the [...]
DynCorp to Acquire Phoenix Consulting Group, Inc
DynCorp International LLC, a wholly-owned subsidiary of DynCorp International Inc. (NYSE:DCP – News), agreed to purchase a 100% share of Phoenix Consulting Group, Inc. stock. The purchase will expand DynCorp International’s service offerings to the intelligence and national security communities. Phoenix is a private company headquartered in Alexandria, Virginia, with additional offices in Arizona, that [...]
