Erickson Secures Uruguayan Air Force Flight Training Contract
By Business Wire News
By Business Wire News
Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce today that the company has contracted with Chilcott, Inc. to provide flight currency training for the Fuerza Aerea Uruguaya (FAU or Uruguayan Air Force helicopter pilots). The training will be conducted entirely in Spanish. Under the agreement, Erickson pilot instructors will train FAU pilots in preparation for work on the United Nations Stabilization Mission in the Democratic Republic of the Congo (MONUSCO).
Erickson President and CEO, Jeff Roberts noted, “We are excited to support Chilcott, US Southern Command and the Uruguayan Air Force in this very important endeavor. This contract fits into our core competency of providing full-range of aviation services for legacy aircraft. We see great value in sharing our expertise for flying in remote and challenging locations.”
Under the contract, Erickson Instructor Pilots are providing ground refresher training and more than 200 hours of supervised flight currency training on a Bell 412 aircraft at Erickson’s facility in McMinnville, Oregon. The training will be completed before scheduled U.N. mission pilot rotations in the third quarter of 2015. Chilcott, Inc. is a small business in the State of Florida, a Certified SBA 8(a) participant and a Certified Service Disabled Veteran Owned Small Business (SDVOSB). Chilcott’s customer is US Southern Command.
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 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.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 our ability to perform successfully on our flight training contracts Alaska based contracts and also 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.