DynCorp Admits Possible FCPA Violations

Law360 (November 18, 2009, 5:54 PM EST) -- Defense contractor DynCorp International Inc. said Wednesday that payments it made to expedite the issuance of visas and licenses from foreign government agencies may raise compliance issues under the U.S. Foreign Corrupt Practices Act.

The payments, revealed in a recent filing with the U.S. Securities and Exchange Commission, may have totaled as much as $300,000, the company said.

DynCorp said the payments were made to subcontractors "in connection with servicing a single existing task order" that the company has with an unnamed U.S. government agency.

The company has retained outside counsel to investigate the payments and said it is in the...

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