Erickson Delivers Tail Pylons for Sikorsky CH-53E Helicopters, Supporting U.S. Naval Fleet
PORTLAND, Ore., Dec. 17, 2015 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce completion of its fourth delivery of aircraft tail pylons for the Sikorsky CH-53E Super Stallion the largest helicopter is the U.S. naval fleet. The fifth and final pylon will ship by the end of the year. Erickson was contracted by Sikorsky Aircraft, now Sikorsky, a Lockheed Martin company, to fabricate and assemble five out-of-production spare aircraft tail pylons at Erickson’s facility in Central Point, Oregon. The major assembly of these specialized tail pylons directly supports the U.S. Marine Corps, where the CH-53E performs critical defense missions supporting freedom and preserving lives.
“Erickson Incorporated is increasingly a trusted provider of contemporary maintenance and repair services, which this project exemplifies,” Jeff Roberts, CEO and President of Erickson stated. “Our extensive history with the Sikorsky aircraft specifically enables us to perform this important work for the U.S. Marine Corps.”
Erickson was selected for this contract for its expertise in legacy aircraft support and manufacturing capabilities, and is well equipped to perform comprehensive aero structure assemblies and low volume production projects. The company possesses a unique familiarity with Sikorsky drawing and specification systems, and inherited those systems with the purchase of the iconic S-64 (CH-54) Skycrane certificate in 1992. Erickson’s experience with the S-64 is directly relevant to the specifications and construction of the CH-53E (S-65) as both designs were created within the same decade.
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