Market Overview

Erickson Air-Crane Announces Two Contract Extensions with SOCAFRICA

Related EAC
Morning Market Losers
Top 4 Stocks In The Aerospace/Defense-Major Diversified Industry With The Lowest PEG Ratio

Erickson Air-Crane Incorporated (NASDAQ: EAC) (“Erickson” or “the Company”), a leading global provider of aviation services to a diverse mix of commercial and government customers, and the vertically-integrated manufacturer and operator of the powerful heavy-lift Erickson S-64 Aircrane helicopter, announced today that it was awarded option period extensions with Special Operations Command Africa (“SOCAFRICA”).

The option awards were made to Evergreen Helicopters (“EHI”), a recently acquired, wholly owned subsidiary of Erickson, to provide a fleet of fixed and rotary wing aircraft for personnel and cargo transport for the Department of Defense in Central Africa. The total value of the contract options is in excess of $8 million.

Posted-In: News Contracts

 

Related Articles (EAC)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters