Lou Von Thaer

CEO
DynCorp International

Lou Von Thaer, DynCorp International CEO, Chosen to 2017 Wash100 for Restructuring & Repositioning Leadership

Executive Mosaic is glad to unveil DynCorp International CEO Lou Von Thaer as the latest inductee into the 2017 Wash100 — Executive Mosaic’s annual selection of the most influential voices in the government contracting arena.

The three-decade GovCon veteran became chief executive of the McLean, Va.-based global aviation logistics and government services contractor in June 2015 after nearly two years at Leidos as national security sector president and the prior eight at General Dynamics, where he served as president of the former advanced information systems business unit.

For calendar year 2016, Von Thaer’s main priority for DynCorp International was to shore up the company’s balance sheet and in particular hundreds of millions of dollars in debt that were due July 1 and the company successfully secured new terms in June to avoid default.

Under that deal, the contractor’s next bank loan is not due until July 2020 for $207.3 million with another $455 million in bonds set to mature in November 2020.

Von Thaer spoke to the Washington Business Journal for an interview published July 8 to discuss the company’s long-term strategy focused on expansion of information technology logistics work for U.S. customers and growth in training services across international markets.

Both areas and the long-term international strategy in particular offer the company an “opportunity to level out and have a base of business that the contingency business can ride up and down on instead of so much of the core business being contingency-based,” he told the publication.

Upon his appointment, Von Thaer took the helm of a company that has seen its revenue decline in half to $1.9 billion between 2012 and 2015.

The company received a pair of key bookings in 2016 to help rebuild its revenue base through a potential five-year, $320.5 million contract for engineering and logistics support to the U.S. Army’s Intelligence and Security Command along with a $106.2 million award to help maintain aircraft for Naval Test Wing Atlantic.

Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkedin
Share On Pinterest

Personal Media

Media Date Published
Lou Von Thaer, DynCorp International CEO, Chosen to 2017 Wash100 for Restructuring & Repositioning Leadership Feb 15, 2017
DynCorp Marks 10th Appearance in Victory Media's Military Friendly Employer List Nov 22, 2016
DynCorp CEO Lou Von Thaer Selected to 2016 Wash100 List for Int'l Market Strategy Vision Feb 22, 2016
Weekly Roundup Jan 4 & Jan 8 2016: Slow Start for GovCon Stocks in 2016 & more Jan 08, 2016
Lou Von Thaer on His 2016 DynCorp Outlook & The Int’l GovCon Market Picture Jan 05, 2016
Government Contracting Community Rallies Behind American Heart Assoc. To Raise $2M Nov 09, 2015
LEIDOS EXEC LOU VON THAER TAKES HELM AT DYNCORP Jun 24, 2015
Lou Von Thaer Joins DynCorp as CEO Jun 23, 2015
Lou Von Thaer: Doreen Harwood Brings Cyber, Intell Links to New Role at Leidos Apr 28, 2015
Doreen Harwood to Leidos' Assurance, Integration, Manufacturing Operations; Lou Von Thaer Comments Apr 27, 2015
Lou Von Thaer, Michael Leiter Reflect on Leidos MSS Capability Mar 12, 2015
Leidos Ranked a 'Leader' in NA Managed Security Service Market; Lou Von Thaer and Michael Leiter Comment Mar 11, 2015
Leidos's Lou Von Thaer Elected to Wash100 for Leadership in ISR and Cyber Feb 25, 2015
Lou Von Thaer Keynotes K-12 Intro to STEM Event Feb 13, 2015
Lou Von Thaer, Leidos Nat'l Security Sector President, Chosen to Wash100 for Cyber and ISR Leadership Feb 12, 2015
Leidos to Showcase Cyber, Intell, C2 Solutions at AUSA Event; Lou Von Thaer Comments Oct 09, 2014
Lou Von Thaer: Leidos to Showcase Special Ops Tech at NDIA Conference May 12, 2014
Lou Von Thaer: Leidos to Participate at GEOINT Symposium Apr 11, 2014
Lou Von Thaer of Leidos on Cyber Trends, ISR Collaborations and His Bell Labs Origins Jan 29, 2014
Lou Von Thaer of Leidos on Cyber Trends, ISR Collaborations and His Bell Labs Origins Jan 29, 2014

Company Related Media

Media Date Published

- no media items -