PRIVATE MILITARY COMPANIES

Private Military Companies

Private Military Companies

Abstract

DynCorp, one of the biggest employee-owned companies in the United States, has not been a very high-profile business, yet its behind-the-scenes logistics support procedures for the Defense Department are extensive. The business presents ground support for Air Force One, sustains the State Department's telephones, and agreements coca (cocaine) eradication missions in Colombia. The U.S. Department of Defense anecdotes for a little less than half of DynCorp's total revenues. Some of DynCorp's soonest clients, for example the White Sands Missile Range in New Mexico, have stayed trusted to the business for more than 50 years.

DynCorp Company

CEO Paul Lombardi anticipates proceeded development, most particularly in supplying services to state and localized authorities, due to the need of a superior contestant in that highly fragmented market. California Eastern Airways, Inc. (CEA) was not the only air cargo line begun by infantry pilots coming back to the United States after World War II. (Yeoman, 2003) Nor was it the most enduring, as a solely municipal transport enterprise. CEA would diversify, although, into one of the country's most significant protecting against contractors. Within a year of its origin in 1946, California Eastern was assisting both coasts. The business took part in the U.S. infantry airlift throughout the Korean War.

The buy of Land-Air, Inc. in the early 1950s conveyed CEA into a new area of mechanical services. Land-Air functioned missile varieties and changed airplane for government agencies. In 1951, CEA's total incomes passed $6 million. The next year, the business amalgamated with Air Carrier Service Corporation (AIRCAR), which traded financial airplane and replacement components to foreign airlines and governments. AIRCAR left the municipal aviation enterprise in 1957, focusing rather than on protecting against and aerospace technology, financial electronics, and facts and numbers management.

By 1961, CEA required a new title to more unquestionably contemplate its diversified empire. (Yeoman, 2003) The title Dynalectron Corporation was culled from 5,000 worker suggestions. Dynalectron diversified into the power services enterprise by the 1964 acquisition of Hydrocarbon Research, Inc. At the end of the ten years, the business instituted a design to elaborate the financial aviation services enterprise while going into the specialty building contracting field. In 1976, Dynalectron established a head agency in McLean, Virginia. The business restructured into four major functioning groups: Specialty Contracting, Energy, Government Services, and Aviation Services. Dynalectron had made 19 acquisitions in its 30 years.

CEO Charles G. Gulledge described that Dynalectron completed 1976 with stockholders' equity of $30 million, assets of $88 million, and a backlog of $250 million, all record numbers. Annual sales were a bit less than $300 million in the mid-1970s. The business dispatched a $1.5 million decrease in 1978 due to write-downs on wastewater remedy plants being constructed by a subsidiary, AFB Contractors Inc. After this decrease, the business completed its diversification program, focusing rather than on cost-cutting to decrease debt. (Yeoman, 2003)

DynCorp finds its sources from two businesses formed in 1946: California Eastern Airways (an air freight business) and Land-Air ...