Boeing, DynCorp in Line for $319 Million in Contracts

Sales will support C-17 Globemaster aircraft in the UK, and pay for on-site contractor support in Egypt. Boeing and DynCorp are the prime contractors.

Jul 7, 2014 at 4:10PM

The U.S. Defense Security Cooperation Agency notified Congress Thursday of two new foreign military sales that it plans to effect in the near future -- one benefiting Boeing (NYSE:BA), and the other privately-held DynCorp.

In the first and larger deal, DSCA plans to finalize a sale of $250 million worth of sustainment services, parts, equipment, training, and logistical support for the UK Royal Air Force's fleet of eight Boeing C-17A Globemaster III cargo aircraft. This sale will be made within the context of the ongoing USAF/Boeing Globemaster III Sustainment Partnership program, and will be a continuation of the UK's participation in this program. DSCA notes that continued support of these aircraft will "ensure the UK can effectively maintain its current force projection capability" in locals such as Iraq, Afghanistan, and other "overseas contingency operations."

Boeing will act as the principal contractor on this contract.

In the second and smaller deal, DSCA plans to finalize a sale of $69 million worth of personnel support services and associated equipment, parts, training, and logistical support for Egypt. These funds will be used to support 140 U.S government and contractor representatives at nine locations working on several Foreign Military Sales (FMS) cases in Egypt. These funds will pay for both "the cost for the past three years of this program and the proposed one-year extension."

DynCorp will act as the principal contractor on this contract.

DSCA assured Congress that neither of the two sales will "alter the basic military balance in the region" or result in any "adverse impact on U.S. defense readiness."

Editor's note: A previous version of this article incorrectly stated DynCorp is a subsidiary of Computer Sciences Corporation.


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