Erickson Selected as an Awardee for Counter Narcotics & Global Threats Operations Contracts
PORTLAND, Ore. — Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, has been selected as a subcontractor by a pool of prime contractors that have been awarded two Multiple Award Indefinite Delivery/Indefinite Quantity (MAIDIQ) contracts for Counter Narcotics and Global Threat (CN>) operations, logistics and training support. These contract vehicles allow Erickson to bid on specific task orders, supporting the interdiction of the narcotics trade and assisting in the global war on terrorism.
The first contract is for CN> Operations and Logistics support, for which Erickson anticipates providing aerial fixed and rotary-wing transportation services of cargo and passengers, as well as maintenance services. This contract has a combined ceiling value of $975 million. The second contract is for CN> Training Support Services and has a combined ceiling value of $450 million. Work on both contracts will be performed in the United States and internationally and is expected to be completed over the next nine years by February 2025.
Erickson will bid on task orders requesting aviation maintenance and training services. CN> contract vehicles are designed to improve the United States and partner nation agency organizations’ capabilities to deter threats posed by illegal drugs, trafficking, piracy, transnational organized crime, threat finance networks and any potential nexus among these activities.
“The Counter-Narcoterrorism Technology Program Office (CNTPO) has an established contract support process for the U.S. and our allies to combat a variety of threats,” said Brian Pierson, Vice President of Global Defense and Security at Erickson. “Erickson is proud to serve CNTPO and has more than 40 years of experience in operations and services to support the most difficult challenges facing our nation and allies. We are excited to be a part of this limited consortium tasked to be part of these two major contract vehicles.”