Sale of contractor's systems won't affect operation at Vance Air Force base in Enid
Thursday, December 16th 2004, 6:08 am
By: News On 6
ENID, Okla. (AP) _ A contractor's operation at Vance Air Force Base won't be affected by the sale of some of its systems, officials said.
An agreement for New York-based Veritas Capital Inc. to purchase DynCorp International and selected technical services for $850 million was announced this week.
The local operation is not included in the sale and will continue to be owned by Computer Services Corp., Jay Merz, a spokesman for DynCorp in Enid, said Wednesday.
DynCorp Technical Services is the main civilian contractor at Vance and is responsible for everything from mowing lawns to maintaining the base's jet aircraft.
Herry McCune, secretary of the Enid International Association of Machinists and Aerospace Workers, said the sale will not affect local employees.
``Our people and our relationship with the base is the same, and we will continue on with our partnership and good relations,'' McCune told the Enid News and Eagle. ``We are looking forward to the new year.''
The transaction is subject to regulatory approval but is expected to be completed during the company's fiscal first quarter, which ends April 1.
DynCorp International, along with the other units being divested, is a provider of Department of Defense aviation maintenance, physical and personal security, drug eradication and shipboard logistics, training and staffing services.