DynCorp International loses Air Force contract; to lay off nearly 400 employees
McLean services contractor DynCorp International is set to lay off nearly 400 employees after losing an Air Force contract that it has served on for 35 years, the company said. Under the contract, DynCorp provided ground support equipment maintenance for the Navy’s Fleet Readiness Center in Solomons, Md.
“DynCorp was not awarded the task order. This brings our work at the Solomons headquarters, as well as twelve other work sites, to a close on March 4, 2015,” a spokeswoman for the company said in an e-mailed statement.
A total of 380 employees who worked on the contract will be laid off, according to the company.
The Air Force loss is DynCorp’s third one in the last six months. DynCorp also lost two contracts worth $71 million with an arm of the Defense Intelligence Agency last summer, affecting more than 60 employees.
The company — which is one of the largest contractors in Afghanistan — had a turbulent year in 2014, with falling sales and leadership shuffles.
The government’s campaign against the Islamic State had contributed to a slight uptick in business, executives said in DynCorp’s last earnings report. In 2015, DynCorp is looking to renew a lucrative State Department security contract worth up to $10 billion.
Details about the loss of the Air Force contract were reported earlier by the Washington Business Journal.










