Erickson Air-Crane Incorporated (NASDAQ:EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that it had won a two-year contract to provide medical evacuation (“MEDEVAC”) service and support for the United States Army at Fort Wainwright and Fort Greenly in Alaska. The award was made to Evergreen Helicopters Incorporated (“EHI”), a wholly owned subsidiary of Erickson, and has a total contract value in excess of $10 million. Task orders were awarded on September 1, 2013.
Udo Rieder, Chief Executive Officer of Erickson, commented, “Evergreen has been flying in support of this program since its inception in 2008, and we’re pleased to see this work continue under the Erickson banner. We are very proud to provide these essential MEDEVAC services to the men and women of the armed forces, and regard this contract as a prime example of our broad range of capabilities that can serve a diverse range of missions in any operational theatre around the globe.”
Erickson will provide dedicated aircraft, management and supervision, personnel, equipment, supplies, materials, tools, and transportation to perform air medical evacuation and training for the U.S. Army Garrison, Fort Wainwright and U. S. Army, Alaska. The contract is for one base year with one additional option year, and calls for 24-hour-a-day, year-round availability. The Company noted that this specialized mission involves extreme cold weather operations, with temperatures as low as -40°F. The mission requires unique tactical equipment such as night vision goggles, rescue hoists, and advanced life support systems aboard the aircraft.
About Erickson Air-Crane IncorporatedErickson is a leading global provider of aviation services to a diverse mix of commercial and government customers. Erickson currently operates a diverse fleet of 91 rotary-wing and fixed wing aircraft, including a fleet of 20 heavy-lift S-64 Aircranes. This fleet supports a wide and worldwide variety of government and commercial customers, across a broad range of aerial services, including critical supply and logistics for deployed military forces, humanitarian relief, firefighting, timber harvesting, infrastructure construction, and crewing. Erickson also maintains a vertical manufacturing capability for the S-64 Aircrane, related components, and other aftermarket support and maintenance, repair, and overhaul services for the S-64 Aircrane and other aircraft.
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