Boeing, CSCs DynCorp Technical Services Create New Joint Venture for Military Support
ST. LOUIS, April 09, 2003 -- Boeing [NYSE:BA] and DynCorp Technical Services LLC, a Computer Sciences Corporation [NYSE:CSC] company, have created Aviation Technical Services LLC, a wholly and jointly owned company to offer support services to the U.S. military.
The new company, based in Fort Worth, Texas, will compete to win the U.S. Army Fort Rucker aviation maintenance contract and the T-45TS Contractor Logistics Support program for the U.S. Navy.
"Aviation Technical Services combines the best industry has to offer in providing high-quality, affordable and responsive support to our military customers," said David Spong, vice president and general manager of Boeing Aerospace Support, a business unit of Boeing Integrated Defense Systems. "We have merged the technical excellence and integrated support expertise of Boeing with logistics-service experience and cost affordability of CSC's DynCorp. The result represents best value to our customers through world-class support services."
"Each of our companies brings key capabilities to our customers' needs," said Ben Medley, president of CSC's DynCorp Technical Services. "Aviation Technical Services can draw on DynCorp's capabilities to meet surge support requirements, and reach into Boeing for vital technical assistance and support."
The follow-on contracts for both the Fort Rucker aviation maintenance and the T-45TS Contractor Logistics Support programs are expected to be awarded this summer. CSC's DynCorp is the incumbent contractor for the Fort Rucker program, which includes more than 3,100 skilled people in support of the Boeing-built AH-64 Apache and CH-47 Chinook as well as other Army rotorcraft.
Boeing is the incumbent contractor for the T-45TS Contractor Logistics Support program, which includes about 700 people at the Naval Air Stations at Kingsville, Texas, and Meridian, Miss.
Founded in 1959, Computer Sciences Corporation is one of the world's leading information technology services companies. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 90,000 employees, including more than 26,000 from the company's March 7, 2003 acquisition of DynCorp, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $11.3 billion for the 12 months ended Dec. 27, 2002.
A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $25 billion business. It provides systems solutions to its global military, government and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer and a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; NASA's largest contractor; and a global leader in launch services.
Boeing Aerospace Support
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