Erickson awarded KRACEn contract with US Navy

On April 14, 2020, Erickson Incorporated, a worldwide leading operator, maintainer, and manufacturer of utility aircraft, was awarded a contract with the United States Navy, Fleet Readiness Center Procurement Group, Patuxent River, Maryland. The kits, aircraft recovery, augmentation, components and engines (KRACEn) multiple award contract will provide aircraft maintenance services and support.

Work includes modification kit build and installations; recovery of downed aircraft; repair of aircraft and components; overhaul of engines; and contractor logistics support. The estimated cumulative aggregate ceiling for all contracts is $6,106,000,000 and work is expected to be complete by April 2030.

“We are thrilled to have won this chance to continue our support to the Navy and Marine Corps on KRACEn. The Navy and Marine Corps know Erickson for the exceptional depot level work we have done on their H-53 fleet. We hope to build on that reputation and expand our service offerings to other platforms.” – Kevin Cochie, VP of Defense and National Security Erickson.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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