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Erickson Incorporated Message Board

  • busy26795 busy26795 Oct 15, 2013 12:12 PM Flag

    EAC Erickson Air-Crane announces largest contract to date total value of ~ $60 mln

    14-Oct-13 08:31 ET

    EAC

    EAC Erickson Air-Crane announces largest contract to date supporting Australian national aerial firefighting centre; total value of ~ $60 mln

    Co has announced the signing of a new, multi-year aerial firefighting contract to support National Aerial Firefighting Centre operations in Australia. The Company noted that this was its largest Australian firefighting contract to date, calling for the provision of six Aircrane helicopters, with the option for additional aircraft as needed, based on fire conditions and pending aircraft availability. The contract is for three years with two optional one-year extensions, with a total value of ~$60 mln. Erickson will provide six S-64 Aircrane helicopters, equipped with the Company's proprietary, 2,650-gallon fire suppression system, a detachable water tank with multiple refill options and eight coverage levels for targeted fire suppression.

    Sentiment: Strong Buy

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