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DYNCORP EXPANDS ITS COMMERCIAL ENVIRONMENTAL SERVICES BUSINESS

 DYNCORP EXPANDS ITS COMMERCIAL ENVIRONMENTAL SERVICES BUSINESS
 RESTON, Va., Oct. 30 /PRNewswire/ -- DynCorp, a professional and technical services firm, has been awarded a contract to manage, operate, and maintain 16 ships for the Marine Spill Response Corporation (MSRC). Specially designed to quickly respond to catastrophic oil spills, the ships will be stationed on the U.S. East, Gulf and West coasts, St. Croix and Hawaii. MSRC is an independent, not-for-profit corporation funded indirectly by the oil and oil transportation industries. The three-year contract is valued at more than $35 million.
 DynCorp views the contract as an important expansion of DynCorp's environmental services business, which currently accounts for approximately $40 million of the company's $800 million in annual revenues. Through its subsidiary, DynCorp-Viar, the company provides information technology, superfund site assessment, and policy studies and analysis to the Environmental Protection Agency.
 According to DynCorp President and CEO Dan R. Bannister: "Our long-term strategic plan, is to build our environmental services business and increase our commercial contracts. The MSRC is an important step in both directions. It is also a good example of how we have successfully taken skills and experience developed in our DoD technical services business into commercial services."
 The MSRC contract will be managed by Division Vice President and General Manager Boyd Acklin. Acklin retired from the U.S. Coast Guard as a rear admiral after 30 years of active duty in 1991. Among other duties during his Coast Guard career, Acklin was responsible for the development of environmental planning and contingency operations as well as the Coast Guard's logistics and acquisition programs. Acklin, a 1958 graduate of the U.S. Coast Guard Academy, holds an MPA from George Washington University.
 Headquartered in Reston, DynCorp provides professional and technical services to U.S. and foreign government agencies and the commercial aviation industry.
 -0- 10/30/92
 /NOTE: Schematic of ship is available./
 /CONTACT: Janine C. Carey, director, corporate communications, DynCorp, 703-264-8733/ CO: DynC ?Marine Spill Response Corporation ST: Virginia IN: SU: CON


TW -- DC025 -- 7293 10/30/92 16:30 EST
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Publication:PR Newswire
Date:Oct 30, 1992
Words:342
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