DynCorp International Completes Acquisition of Phoenix Consulting Group, Inc.

Mon Oct 19, 2009 4:50pm EDT

* Reuters is not responsible for the content in this press release.

FALLS CHURCH, Va.--(Business Wire)--
DynCorp International LLC, a wholly-owned subsidiary of DynCorp International
Inc. (NYSE: DCP), announced today it has completed the acquisition of Phoenix
Consulting Group, Inc. The consummation of the Phoenix transaction enables
DynCorp International to provide, through the Phoenix Training Center,
proprietary training courses, management consulting and augmentation services to
the intelligence community. The acquisition expands DynCorp International`s
services to the intelligence community and national security clients. 

Phoenix will operate as a wholly-owned subsidiary of DynCorp International LLC
and will be consolidated as a business unit within the Global Stabilization and
Development Solutions business segment. Phoenix has offices in Virginia and
Arizona and employs approximately 400 full and part-time professionals, most of
whom possess security clearances, many at the Top Secret level. 

Through the acquisition of Phoenix, DynCorp International`s training and service
offerings will include:

* Highly specialized and proprietary training courses to experienced
professionals in the intelligence, counterintelligence, special operations and
law enforcement communities. 
* Strategic, professional, and technical advisory and support services to
government and military organizations.

"I am very pleased we have completed this important acquisition, which
demonstrates our focus on accelerating growth, expanding service offerings and
penetrating new segments," said DynCorp International President and CEO William
L. Ballhaus. "We look forward to integrating the skills and services offered by
Phoenix, which will enable DynCorp International to extend its ability to
deliver compelling services to the intelligence community and other national
security clients." 

About DynCorp International

DynCorp International Inc., through its wholly-owned subsidiary DynCorp
International LLC, is a provider of specialized mission-critical services to
civilian and military government agencies worldwide, and operates major programs
in law enforcement training and support, security services, base operations,
aviation services, contingency operations, and logistics support. DynCorp
International is headquartered in Falls Church, Va. For more information, visit
www.dyn-intl.com. 

Safe Harbor Language

Some of the statements contained in this press release are considered
"forward-looking statements" under the federal securities laws. These
forward-looking statements are based on estimates and assumptions made by
DynCorp International`s (the "Company") management that, although believed by
the Company to be reasonable, are inherently uncertain. Forward-looking
statements involve risks and uncertainties, including, but not limited to,
economic, competitive, governmental, and technological factors outside of the
Company`s control that may cause its business, strategy or actual results or
events to differ materially from the statements made herein. These risks and
uncertainties may include, but are not limited to, the following: our ability to
integrate Phoenix into our operations; our substantial level of indebtedness;
policy and/or spending changes implemented by the Obama administration;
termination of key U.S. government contracts; changes in the demand for services
the Company provides; pursuit of new commercial business in the U.S. and abroad;
activities of competitors including bid protests; changes in significant
operating expenses; changes in availability of or cost of capital; general
political, economic and business conditions in the U.S. and abroad; acts of war
or terrorist activities; variations in performance of financial markets; the
inherent difficulties of estimating future contract revenue; anticipated revenue
from indefinite delivery, indefinite quantity contracts; expected percentages of
future revenue represented by fixed-price and time-and-materials contracts; and
other risks detailed from time to time in the Company`s reports filed with the
Securities and Exchange Commission. Given these risks and uncertainties, you are
cautioned not to place undue reliance on forward-looking statements. The
Company`s actual results could differ materially from those contained in the
forward-looking statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statement as a result of new information,
future events or otherwise, except as required by law.

DynCorp International
Media Contact:
Douglas Ebner, 817-224-7822
or
Investor Contact:
Mike Thorne, 817-224-7510 

Copyright Business Wire 2009