Erickson extends U.S. Government Sustainment Contract
Erickson to provide airlift assets and operations in Afghanistan
PORTLAND, Ore. — Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce a six-month extension of its current four-year contract for government sustainment. The contract extension is valued at up to $29 million and funds operations for the remainder of 2016.
"This contract further enhances our reputation as a trusted provider of aerial services in support of U.S. Government operations and initiatives," said Brian Pierson, Vice President of Global Defense and Security at Erickson.
Under the contract extension, Erickson will continue to provide airlift services for passengers and cargo for Fluor in support of the U.S. Government's Sustainment Contract.
In addition to supporting military contractors with helicopter transportation services over mountainous terrain, Erickson recently announced contract wins with the U.S. Coast Guard and Military Sealift Command (MSC). Erickson has performed Vertical Replenishment (VERTREP) operations for MSC and the U.S. Navy since 2004.
Erickson is a leading global provider of aviation services and operates, maintains and manufactures utility aircraft to safely transport and place people and cargo around the world. The Company is self-reliant, multifaceted and operates in remote locations under challenging conditions specializing in Global Defense and Security, Manufacturing and MRO, and Commercial Services (comprised of firefighting, HVAC, power line, construction, timber harvesting, oil and gas and specialty lift). With roots dating back to 1960, Erickson operates a fleet of approximately 80 aircraft, is headquartered in Portland, Oregon, USA, and operates in North America, South America, Europe, the Middle East, Africa, Asia Pacific, and Australia. For more information, please visit our new website at www.ericksoninc.com.