Sep 30, 2012 12:49 UTC
Latest updates: Delivered, but not flying.
Aria’s airship
(click to view larger)
In early 2009, Aria International, Inc. announced a contract from the Royal Thai Army to provide in-country surveillance and communications solutions and services, for an aggregate purchase price of $9.7 million. The RTA surveillance system consists of a manned airship with military-grade imaging and communications systems, an armored Command and Control vehicle, and upgrades to existing communications and facilities to receive real-time surveillance data.
Thailand has the questionable distinction of being saddled with the bloodiest Islamist insurgency most people have never heard of. The American export system that has hindered their order is well known around the world… but it looks like everything has been ironed out. Unfortunately, Thailand hasn’t been able to get much value out of its new asset.
- Thailand’s Airship Program [updated]
- Contracts & Key Events
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Jun 12, 2012 15:35 UTC
Latest updates: Over $130M in contracts.
C-212, hot & high
Early operations in Afghanistan and Iraq led US combat commanders to ask for transport aircraft that could use smaller runways, and land closer to zones of operations. The US Army pressed its King Air C-12s and Shorts C-23s into service, but beginning in 2004, they began supplementing those efforts with contractors. Helicopters have also been hired, but cost, speed, and carrying capacity all favor fixed-wing planes whenever possible.
The US military hoped that Blackwater affiliate Presidential Airways, Inc. of Moyock, NC would be able to address some of these issues, using EADS-CASA 212 and Bombardier Dash-8 transport aircraft. For a while, they did. Presidential received several contracts over the years for fixed-wing, in-theater contract transport around Afghanistan, but the fixed-wing business was bought by AAR, and their firm is no longer the only option. As of 2010, the USA began spreading fixed-wing contracts among a number of contractors. This article chronicles fixed-wing contracts from 2004 – 2012.
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Oct 25, 2011 18:35 UTC
In October 2011, Global Integrated Security (USA), Inc. in Reston, VA won a 4-year, $480 million firm-fixed-price contract from the U.S. Army Corps of Engineers, for Reconstruction Security Support Services throughout Afghanistan. Work will be performed in Afghanistan, with an estimated completion date of Oct 19/15. Five bids were solicited, with 5 bids received by the USACE office in Winchester, VA (W912ER-12-D-0001).
Global Integrated Security has performed RSSS work in Afghanistan before. A $34 million task order in December 2009 focused on Kabul and Kandahar, but a March 2010 contract [PDF] from the US Army Corps of Engineers saw them expand those services to encompass a National Operations Center providing intelligence and analysis, reconnaissance teams, interpreters, aviation services throughout Afghanistan; and “mobile security support services” to USACE personnel during travel to, and presence at, construction sites.
Aug 30, 2011 17:58 UTC
In late August 2011, Dyncorp International, LLC in Falls Church, VA received a $146.6 million cost-plus-fixed-fee contract to help train Afghanistan’s Ministry of the Interior personnel, on behalf of the Combined Security Transition Command – Afghanistan. This has been an ongoing effort in Afghanistan, and DynCorp has been heavily involved throughout. They have been criticized for questionable results in this area, and have obstructed efforts by American commanders to change the focus of past contracts, as events on the ground changed.
Work on this contract will be performed in Afghanistan, with an estimated completion date of Aug 31/14. The bid was solicited through the Internet, with 8 bids received by the U.S. Army Contracting Command at Aberdeen Proving Ground, MD (W91CRB-11-C-0053).
Dec 14, 2010 18:49 UTC
L-3 MPRI, Inc. in Alexandria, VA recently received a $156.1 million cost-plus-fixed-fee contract to embed former law-enforcement professionals into corps, division, brigade, regimental and battalion headquarters. Their mission will involve helping battlefield commanders penetrate and suppress criminal networks involved in IED land mine production, distribution, and use throughout Iraq, Afghanistan, and other overseas operations. The contract will run to Dec 10/11, and 1 bid was solicited with 1 bid received by the U.S. Army Research, Development and Engineering Command Contracting Center at Aberdeen Proving Ground, MD (W91CRB-08-D-0049).
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Oct 06, 2010 19:25 UTC
The U.S. Department of State’s Bureau of Diplomatic Security – Worldwide Protective Services (WPS) contract hires armed bodyguards and security for American diplomatic personnel worldwide. That means a combination of personal protective (bodyguard), static guard (facilities and checkpoints), and emergency response security (fan looks hit…) services. It is probably the most lucrative such program on the planet, and as one might expect from its size and nature: the FY 2010 budget request and justification was for $1.65 billion, covering 1,898 personnel.
It’s also occasionally the subject of controversy when its contractors are involved in armed clashes, or some segment of the people involved display stupid, unprofessional, or even illegal behavior. If allegations are true, extremely lax management and poor choices in contractors have contributed to the problems. The State Department’s own rules can also create Catch-22s for the unwary, and corruption where they work can be as dangerous to contractor employees as enemy bullets.
Fore the US Department of State, the questions ultimately boil down to control and consequences. Do they have it, and do they enforce them? Which is why the latest 5-year, $10 billion multi-award umbrella contract is attracting interest and scrutiny. Under solicitation SAQMMA10R0005 (-a), 8 pre-approved contractors can compete for each award during the base year and up to 4 option years of the contract. Each is guaranteed only $5,000, which would serve as minimal compensation relative to even the cost of bidding. The winning firms include:
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Apr 13, 2010 18:18 UTC
Private investment firm Cerberus Capital Management, LP has reached a $1.5 billion deal to buy the support and security contractor DynCorp International, including the assumption of debt. The purchase price would be $17.55 per share – a 49% premium to the April 9/10 close of $11.75, and 12.4x the FY 2010 consensus forecast of $1.41 earnings per share. A “go shop” provision gives DynCorp 28 days to find a higher and better offer, if it can.
Affiliates of Veritas Capital Fund Management, L.L.C. have already executed a Voting Agreement in favor, swinging an aggregate of 34.9% of the outstanding shares. That level of support will make the deal very difficult to stop.
Note that 12.4x is still a low multiple, when compared to a number of more diversified public competitors like KBR and SAIC. Unfortunately, it’s difficult to compare DynCorp with privately-held security contractor peers like the similarly-controversial Xe (formerly Blackwater), IAP Worldwide Services, Triple Canopy, etc. The result is somewhat predictable…
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