DynCorp International Joint Venture Awarded Global Contract Valued at up to $900,000,000 to Provide Contingency Services to Naval Facilities Engineering Command


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


FALLS CHURCH, Va.--(BUSINESS WIRE)--

DynCorp International (DI) today announced that Global Contingency Response Services (GRS), a joint venture between DI and Parsons, has been selected by the U.S. Navy as one of four contractors to provide global contingency services to the Naval Facilities Engineering Command (NAVFAC).

The competitively-awarded, indefinite delivery/indefinite quantity contract valued at up to $900,000,000, was awarded on September 22, 2011. Services will be provided at locations worldwide over a maximum contract term of 60 months.

“This contract utilizes the broad spectrum of capabilities and expertise that we offer across our business lines to enhance support for the U.S. government anywhere we're needed,” said Steven Schorer, president of DynCorp International. “We are honored to continue to support the U.S. Navy in this important mission.”

DynCorp International and Parsons formed GRS to provide a full range of worldwide contingency and disaster-response services, including humanitarian assistance and interim or transitional base-operating support services.

About DynCorp International

DynCorp International is a global government services provider working in support of U.S. national security and foreign policy objectives, delivering support solutions for defense, diplomacy and international development. DI operates major programs in logistics, platform support, contingency operations and training and mentoring to reinforce security, community stability and the rule of law. DynCorp International is headquartered in Falls Church, Va.

DynCorp International
Ashley Burke, 703-462-7116
Ashley.burke@dyn-intl.com


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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