George Krivo: DynCorp sees key market opportunities after reorganization

George Krivo

George Krivo, CEO of DynCorp International, has said the company looks to reinvest money and build out product offerings after it restructured further into logistics and aviation segments, the Washington Business Journal reported Wednesday.

He told WBJ in an interview the McLean, Virginia-based contractor implemented its reorganization effort in a push to remove “unnecessary” management layers and reach the desired “point of impact.”

“We’ve been able to pay down debt and we’ve actually gotten the structure of our company right so that our relative indirect cost is lower than many of our competitors,” said Krivo, a 2018 Wash100 recipient.

The U.S. Army veteran pointed to information technology, intelligence, base operations and support missions as potential growth areas for the DynLogistics unit.

Krivo added he believes an increased defense budget and military readiness gap will help drive opportunities in the DynAviation business.

You may also be interested in...

Blue Origin

Blue Origin Launches 14th New Shepard Mission With Updated Crew Capsule

Blue Origin, a space company owned by Amazon CEO Jeff Bezos, used a capsule with updated crew systems during the company's 14th mission with the New Shepard rocket. The updated capsule featured new push-to-talk communications systems, noise reduction tools, cushioned wall linings, environmental systems and a crew alert system, Blue Origin said Thursday.

Teledyne

Teledyne Subsidiary to Produce Additional Navy LCS Missile Defense Modules

A Teledyne Technologies subsidiary has secured an $18M contract from Northrop Grumman to manufacture four more missile defense systems for the U.S. Navy's littoral combat ship mission package.

Orion

Lockheed’s Orion Spacecraft Concludes Assembly, Testing for NASA’s Artemis Mission to Lunar Orbit

Lockheed Martin has sent the Orion capsule to NASA’s exploration ground systems team for final preparations ahead of the unmanned Artemis I mission to lunar orbit that will launch later this year. The spacecraft concluded assembly operations and testing at Kennedy Space Center in Florida.