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 July 17, 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 July 17, 1995, the U.S. Army Aviation and Troop Command
("ATCOM") advised the Company that ATCOM had completed the
reevaluation of its January 13, 1995 award to the Company's
Fermont Division ("Fermont") of a $57.8 million contract to
manufacture tactical quiet generator sets ("TQ Contract"), and
has confirmed the award of the TQ Contract to Fermont and lifted
the stop work order on the TQ Contract issued by ATCOM on April
25, 1995. The reevaluation by ATCOM had been ordered by the U.S.
Army Materiel Command ("AMC") following AMC's determination that
there was some merit to the protest filed by Libby Corporation
("Libby") with respect to the January 13, 1995 award of the TQ
Contract.
On July 20, 1995, Libby renewed its protest to the U.S.
Government Accounting Office ("GAO") of the award of the TQ
Contract to Fermont. Fermont has been advised by ATCOM that no
stop work order will be issued as a result of the renewal by
Libby of its protest and Fermont has resumed performance of the
TQ Contract and is preparing for submission to ATCOM its claim
for an equitable adjustment based on the delay occasioned by the
stop work order.
The Company continues to believe that the TQ Contract has
been properly awarded to Fermont and that there is no merit to
Libby's protest to the GAO.
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: July 26, 1995
