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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-07-07 07:13 PM
Original message
DynCorp Basks In Army's Love
Source: Forbes

On Friday, shares of DynCorp International surged 8.7%, or $1.86, to $23.32, in afternoon trading after its joint venture with McNeil Technologies won a disputed $4.6 billion five-year contract for translation services in Iraq.

. . .

The deal has been on hold since New York-based military contractor L-3 Communications Holdings filed a protest on Dec. 22, 2006, with the Government Accountability Office.

The government watchdog agency, which investigates how taxpayer dollars are spent, backed L-3's protest after discovering the Army had not reasonably applied evaluation factors laid out in the bid. Before receiving a bid, the Army had to detail the criteria by which it would use when deciding on which contract to accept.

The Army later challenged the GAO to reverse its March 29 decision and keep the contract with DynCorp.

. . .

With a list of high profile former-military officials on board, including former Commander-in-Chief of U.S. Central Command Anthony Zinni, and former U.S. Army Chief of Staff Peter Shoomaker, DynCorp is an excellent example of the revolving door between the Department of Defense and the private sector.

Read more: http://www.forbes.com/markets/2007/12/07/dyncorp-international-defense-cx-equity-cx_cg_1207markets21.html




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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-07-07 07:19 PM
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1. DynCorp reminds me of Blackwater with a better PR staff.
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-07-07 07:56 PM
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2. DynCorp is a deeper darker version of Blackwater
Blackwater is a babe in the woods next to DynCorp.

Probably this has something to do with the GAO backing down so fast.
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-07-07 08:01 PM
Response to Reply #2
3. I remember Dyncorp from their days in the former Yugoslavia.
The buying and selling of sex slaves was a company specialty.

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heliarc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-08-07 03:09 AM
Response to Reply #1
4. Dyncorp is a more capable company than Blackwater...
Lower profile. This is a one-stop shop for any covert operations that require plausible deniability.

See also Triple Canopy: (From their website)

"Reaction Force Training

"We train reaction forces in the principles of movement and use of force in high-threat environments. Reaction forces are trained to move on foot or in armored vehicles, providing additional firepower, immediate recovery or evacuation assistance when necessary. Reaction forces are typically located on base camps for fixed site or convoy protection or included in personnel security detachments with a counterassault team.
Equipment Recovery Services

"Security for equipment recovery is provided through personnel security detachments.
Surveillance and Countersurveillance

"Triple Canopy specialists work in high-threat environments as trainers teaching surveillance and countersurveillance techniques in a classroom and exercise environment.

Otherwise known as sniper cells and strike teams... I would guess... and the best part is that they can be hired to fulfill anything the US taxpayer wouldn't approve of. God Bless America!
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