Delta Tucker Holdings reports USD 525m in Q3 2018 revenue

Delta Tucker Holdings, Inc., the parent of DynCorp International Inc. has reported third quarter 2018 revenue was USD 525.0 million, up 4.4% compared to USD 503.0 million recorded in the third quarter of 2017, the company said.

Third quarter highlights and other recent developments include:

-In August 2018, DynAviation announced the award of the General Services Administration (GSA) task order to provide executive airlift aircraft maintenance and back shop support services in support of the 89 Airlift Wing, located at Joint Base Andrews, Maryland. The task order has a one-year base period and four one-year option periods and a total potential task order value of USD 203.1 million.
_In August 2018, DynAviation announced the award of the GSA task order to support maintenance and maintenance training for the Royal Saudi Naval Forces at Naval Station Mayport in Jacksonville, Florida. The task order has a one-year base period and four one-year option periods and a total potential task order value of USD 21.8 million.
-In September 2018, DynLogistics announced a six-month contract extension on the Fort Irwin National Training Center on the Northcom task order under the LOGCAP IV contract. The extension has a total potential value of $48.8 million.
-In September 2018, DynLogistics announced a contract extension to support material management and logistics services for the USACE South Atlantic Division, Task Force Power Restoration in Puerto Rico on the Northcom task order under the LOGCAP IV contract. The contract extension has a total potential value of USD 19.9 million.
-In September 2018, DynLogistics announced a contract expansion on the Afghanistan South Base Life Support Services (“AFSOR”) task order under the LOGCAP IV contract. The expansion has a total potential value of $21.7 million.

Revenue in the third quarter of 2018 for Dynavision was USD 251.0 million, down 18.5% compared with USD 307.9 million recorded in the same period. Adjusted EBITDA was USD 20.6 million, compared to USD 27.3 million for the third quarter of 2017. The decrease is primarily due to the performance of the CLS T34/44/6 contract and the completion of INL Air Wing extension and certain contracts.

Revenue in the third quarter of 2018 for DynLogistics was USD 274.9 million, up 40.4% compared with USD 195.8 million recorded in the same period in 2017. Adjusted EBITDA was USD 27.5 million, compared to USD 12.9 million for the third quarter of 2017.

DynCorp International is a leading global services provider offering unique, tailored solutions for an ever-changing world. Built on approximately seven decades of experience as a trusted partner to commercial, government and military customers, DI provides sophisticated aviation, logistics, training, intelligence and operational solutions.