Erickson Selected as Vendor for Africa Transport
Erickson to Support USAFRICOM in Three Year, $6.5M Contract
PORTLAND, Ore., Nov. 12, 2015 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce that it has been awarded a three year, $6.5M Blanket Purchase Agreement by the United States African Command (USAFRICOM). Erickson is one of a few select vendors that will be providing “on demand” fixed wing aerial services to Department of Defense, transporting personnel and equipment in the Central and East African region.
“Erickson is pleased to have been awarded this strategic contract and is proud to serve our country in Africa, a market we have served for many years,” said President and CEO, Jeff Roberts. “This award also demonstrates our commitment to the region and our ability to perform in difficult operating environments.“
Currently, Erickson operates aircraft in the Central and East Africa Regions in support of USAFRICOM missions. Due to its current operational footprint, Erickson is well positioned to provide “on demand” services. The contract commences immediately and has a period of performance extending through November 2018.
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 Government Services, 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 75 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.ericksonaviation.com.
This press release contains certain statements relating to future results (including, without limitation, “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” “predict”), which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including certain other risks or uncertainties more fully described under the heading “Risk Factors” in our most recently filed Annual Report on Form 10-K as well as in the other reports we file with the SEC from time to time, which are available at the SEC’s web site located at http://www.sec.gov. You should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact Bobby Lambrix—Media requests (503) 505-5885, firstname.lastname@example.org Zachary Cotner—Investor Relations (503) 505-5804, email@example.com