DynCorp, TekInsight Merge State Units

DynCorp, TekInsight Merge State Units

TekInsight.com Inc. and DynCorp plan to merge their state and local operations, creating a combined company of 400 employees with annual revenue approaching $100 million.

DynCorp Management Resources will become part of TekInsight.com, which will have a controlling interest over the new company, said DynCorp of Reston, Va.

TekInsight of Irvine, Calif., will issue shares of newly created Class B Common Stock as consideration for the transaction. If the deal is approved by TekInsight shareholders, DynCorp will own about 40 percent of TekInsight.

The DynCorp unit, which was formed in 1996, provides a variety of information technology and business process outsourcing services and brought in $27 million in 2000. It is expected to bring in $50 million in $2001.

TekInsight's services include consulting, infrastructure planning and deployment, application development and legacy integration and support.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.