SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 31, 1995 DynCorp (Exact name of registrant as specified in its charter) Delaware 1-3879 36-2408747 (State or other (Commission File Number) (IRS Employer jurisdiction of Identification No.) incorporation) 2000 Edmund Halley Drive, Reston, Virginia 22091-3436 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (703)-264-0330 Not applicable (Former name or former address, if changed since last report) The registrant hereby amends its Form 8-K, Current Report, dated September 11, 1995. Item 2. Disposition of Assets Item 2 has been amended in its entirety, to read as follows: On August 31, 1995, the registrant sold the stock of all its subsidiaries engaged in the business of commercial aviation ground handling services, cargo handling, and refueling to ALPHA US Holdings, Inc., a Delaware corporation which is a wholly owned subsidiary of ALPHA Airports Group Plc, a company organized under the laws of England. Those subsidiaries are DynAv Services, Inc., Air Carrier Services, Inc., DynAir CFE Services, Inc., DynAir Technologies International, Inc., DynAir Services Inc., DynAir Maintenance, Inc., DynCorp/DynAir Corporation, DAPSCO Inc., DynAir Fueling Inc., DynAir Fueling of Nevada Inc., DynAir Euroservices (UK) Ltd., DynAir Euroservices (Italia) S.p.A.., all of which were owned by the registrant as lower-tier subsidiaries of its wholly owned subsidiary, DynCorp Aviation Services, Inc. ALPHA Airports Group Plc is a publicly owned corporation whose shares are traded on the London Stock Exchange, which has no relationship to the registrant or any of its affiliates, to any director or officer of the registrant, or to any associate of any such director or officer. The sale price for the stock of these subsidiaries was $122,200,000 in cash, subject to a $300,000 increase in the event of collection of certain accounts receivable. The amount of gain incurred on the sale, net of income taxes, was $17,335,000. The activities of these subsidiaries and the remainder of the commercial aviation business have been reported as discontinued operations by the registrant. See Current Report, Form 8-KA, dated May 9, 1996, and Second Quarter Form 10-Q, dated August 14, 1995. The proceeds received will be used primarily to retire debt and satisfy equipment funding obligations, which were consistent with the assumptions made thereon, when the business was reclassified as a discontinued operation. Accordingly, the effect of this transaction is to increase cash with a corresponding reduction in net assets of discontinued operations. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized; DynCorp Date: May 9, 1996 H. Montgomery Hougen H. Montgomery Hougen Vice President and Secretary