DynCorp reports 2016 loss

Delta Tucker Holdings, parent company of DynCorp International, reported a loss of $54.1 million in 2016. CEO Lou Von Thaer said during a call with analysts this week that the company has focused on restructuring to de-layer the organization and cut costs. He is optimistic about a potential defense spending increase and said he doesn't expect planned reductions at the State Department to significantly affect DynCorp.

Censer, M. (2017, Mar. 30). DynCorp reports 2016 loss. Retrieved from https://insidedefense.com/insider/dyncorp-reports-2016-loss