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Dyncorp history
Dyncorp company history timeline
DynCorp began in 1946 as the employee-owned air cargo business California Eastern Airways, flying in supplies for the Korean War.
In 1951, CEA's total revenues exceeded $6 million.
AIRCAR left the civil aviation business in 1957, focusing instead on defense and aerospace engineering, commercial electronics, and data management.
By 1961, CEA needed a new name to more accurately reflect its diversified empire.
Since 1963, the company's Hydrocarbon Research (HRI) unit had been developing a process to liquefy coal to produce a fuel for boilers.
Dynalectron diversified into the energy services business via the 1964 acquisition of Hydrocarbon Research, Inc.
How did it happen? In 1969, the US Army had about 1.5 million active duty soldiers.
CEO Charles G. Gulledge reported that Dynalectron ended 1976 with stockholders' equity of $30 million, assets of $88 million, and a backlog of $250 million, all record numbers.
The company posted a $1.5 million loss in 1978 due to write-downs on wastewater treatment plants being built by a subsidiary, AFB Contractors Inc.
By 1981, Dynalectron had acquired another 14 companies, mostly in the aviation services field, which now encompassed cargo handling and aviation fueling.
Revenues were $640 million in 1985; a third of the company's business was coming from the Defense Department.
Dynalectron adopted the DynCorp name in 1987.
Another business unit, Information & Engineering Technology (I&ET), was formed in 1994, charged with capturing large IT service contracts.
Profits returned as revenues slipped to $909 million in 1995; new contacts worth $1.7 billion pushed the company's backlog toward the $3 billion mark.
Dyncorp posted record revenue and backlog figures in 1996, giving ample reason to celebrate during the company's 50th anniversary year.
DynCorp Management Resources, also added in 1997, focused on state and local government services.
DynCorp's Management Resources unit had grown 40 percent in 1998 alone.
During 1999, DynCorp moved to a new headquarters building in Reston, Virginia.
In September 2001, Ecuadorian Indians filed a class action lawsuit, charging that DynCorp recklessly sprayed their homes and farms, causing illnesses and deaths and destroying crops.
Among the five cases of intelligence operation cover up currently being investigated by the US House Intelligence Committee is the 2001 shoot down of a small plane in Peru, resulting in the death of a Baptist missionary from Michigan and her 7-month-old daughter.
After all, Copeland drafted much of the language in the Bush Administration’s 2002 National Strategy to Secure Cyberspace as co-chair of the Information Security Committee of the Information Technology Association of America.
In 2003, DynCorp won a multimillion-dollar contract to build a private police force in post-Saddam Iraq, with some of the funding diverted from an anti-drug program for Afghanistan.
In 2004, the State Department further expanded DynCorp’s role as a global US surrogate with a $1.75 billion, five year contract to provide law enforcement personnel for civilian policing operations in “post-conflict areas” around the world.
But the reality is that private contractors perform almost every function essential to military operations, a situation that has been called the “creeping privatization of the business of war.” By 2004, the Pentagon was employing more than 700,000 private contractors.
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Zippia gives an in-depth look into the details of Dyncorp, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Dyncorp. The employee data is based on information from people who have self-reported their past or current employments at Dyncorp. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Dyncorp. The data presented on this page does not represent the view of Dyncorp and its employees or that of Zippia.
Dyncorp may also be known as or be related to DYNCORP INTERNATIONAL LLC, DynCorp International, DynCorp International Inc, DynCorp International Inc., Dyncorp and Dyncorp International.