SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF EARLIEST EVENT REPORTED April 21, 1995
DYNAMICS CORPORATION OF AMERICA
(Exact name of registrant as specified in its Charter)
New York 0-7304 13-0579260
(State or other juris- (Commission (IRS Employer Identifi-
- -diction of incorporation) File Number) cation No.)
475 Steamboat Road
Greenwich, CT 06830
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code 203-869-3211
Item 5. Other Events.
On April 21, 1995, the U.S. Army Materiel Command ("AMC")
advised the Company that AMC had determined there was some merit
to the protest filed by Libby Corporation ("Libby") with the U.S.
Government Accounting Office on the award to the Company's
Fermont Division ("Fermont") by the U.S. Army Aviation and Troop
Command ("ATCOM") of a $57.8 million contract to manufacture
tactical quiet generator sets ("TQ Contract"). AMC has directed
ATCOM to reevaluate the submissions of Libby and Fermont and to
review its evaluation process leading to the award of the TQ
Contract to Fermont on January 13, 1995. Pursuant to AMC's
recommendation, on April 25, 1995 ATCOM ordered Fermont to stop
all work called for by the TQ Contract. Fermont is taking the
necessary steps to comply with ATCOM's order and also has begun
efforts to provide support to sustain ATCOM's award of the TQ
Contract to Fermont following reevaluation. The Company believes
the TQ Contract was properly awarded to Fermont and expects that
the reevaluation by ATCOM and AMC will confirm the award to
Fermont.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Company has duly caused this Report to be signed on
its behalf by the undersigned hereunto duly authorized.
DYNAMICS CORPORATION OF AMERICA
(Registrant)
By:
Henry V. Kensing
Vice President
Dated: April 27, 1995
