DynCorp to acquire GTE unit

The outsourcing company plans to buy the Information Systems subsidiary of GTE.

Kim Girard
Kim Girard has written about business and technology for more than a decade, as an editor at CNET News.com, senior writer at Business 2.0 magazine and online writer at Red Herring. As a freelancer, she's written for publications including Fast Company, CIO and Berkeley's Haas School of Business. She also assisted Business Week's Peter Burrows with his 2003 book Backfire, which covered the travails of controversial Hewlett-Packard CEO Carly Fiorina. An avid cook, she's blogged about the joy of cheap wine and thinks about food most days in ways some find obsessive.
Kim Girard
Outsourcing company DynCorp today said it will buy the information systems subsidiary of GTE.

Financial terms of the deal were not disclosed.

Reston, Virginia-based DynCorp, a privately held company that reaps most revenues from government outsourcing contracts, has 16,000 employees who work at more than 550 company and customer locations worldwide serving federal, state, and local customers.

Chantilly, Virginia-based GTE Information Systems provides telecommunications and other technology services to governments and other business customers. The $235 million unit employs about 960 people. All employees will be offered jobs at DynCorp, a company spokesman said.

The acquisition will help make DynCorp a full-service voice and data systems integrator that can also provide wireless technology to local and state law enforcement agencies, according to the company. It is expected to boost DynCorp's revenues to about $1.7 billion next year.

The deal is expected to close by the end of the year, the company said.