Veritas Capital Completes DynCorp International Acquisition; Former Computer Sciences Corp. Subsidiary Purchased for $850 Million.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Veritas Capital, a leading defense and aerospace focused private equity firm, announced it has completed the $850 million acquisition of DynCorp International DynCorp International[2] is a United States-based private military contractor (PMC) and aircraft maintenance company. DynCorp receives more than 96 percent of its $2 billion in annual revenues from the federal government. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("DynCorp International" or the "Company"), formerly a subsidiary of Computer Sciences Corporation (NYSE NYSE See: New York Stock Exchange : CSC). DynCorp International, headquartered in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. , is a global services company that provides mission critical support primarily to the U.S. government, including the Department of State (DOS) and Department of Defense (DoD). The company employs 14,500 people and operates in over 40 countries. It produced revenues of $1.6 billion for the 12 months ended October 1, 2004. "We are delighted to have DynCorp International join the Veritas Capital family of companies," said Robert B. McKeon, founder and president of Veritas Capital. "We intend to apply our industry experience and expertise to further bolster DynCorp International's impressive government services reputation and to address emerging opportunities, including the homeland defense market." DynCorp International provides services through two operating divisions: Field Training Services and International Technical Services. Field Training Services provides aviation services and engineering and logistical support. International Technical Services provides logistical and security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the , including international law enforcement training, logistics, base operations and personal and physical security. About Veritas Capital Veritas Capital is a private equity investment firm headquartered in New York. Founded in 1992 by Robert B. McKeon, Veritas invests primarily in defense and aerospace related companies. For more information, please visit www.veritascapital.com. |
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