DynCorp reports lower sales, profit

By Marjorie Censer / August 14, 2019 at 10:35 AM

DynCorp International's parent company said today sales in its most recent quarter reached $488 million, down about 11% from the same three-month period a year earlier.

The company's quarterly revenue hit $5.3 million, down 79% from the prior year.

DynCorp said it recorded quarterly sales in its DynAviation unit of $234 million, down 21% from a year earlier.

Its DynLogistics business reported quarterly sales of $254 million, up almost 1% from the prior year.