DynCorp International will relocate its headquarters to a new site in Tysons Corner, Va. as part of the company’s consolidation and financial management strategies, the Washington Post reported Monday.
Marjorie Censer writes nearly 180 workers from its four Virginia facilities will transfer to the Tysons campus and the company plans to open the headquarters on Jan. 1, 2014.
Dyncorp CEO Steve Gaffney told the Post sequestration was one reason that prompted the company to examine new sites for its headquarters such as Huntsville, Ala., North Carolina and Texas.
The company aims to remain close to customers in the Washington, D.C. area, he added.
More than 80 percent of the company’s back-office functions are in Fort Worth, Censer writes.
Censer reports the new headquarters will be located near the intersection of Route 123 and the Capital Beltway.