Erickson wins contracts with US Navy

Erickson has been awarded two five year term agreements with one firm-fixed year and four follow on annual option years, to provide vertical replenishment and other rotary-wing logistic services to Military Sealift Command for support of the United States Navy’s 5th and 7th Fleets. Both contracts were awarded in February 2016, but Erickson chose to delay announcement until resolution of protests filed with the Government Accountability Office.

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Erickson has performed Vertical Replenishment (VERTREP) operations for the US Navy since 2004. The two contracts are valued at approximately $70 million. Erickson will provide ship-to-ship and ship-to-shore logistics support with personnel, aircraft and spares.

“We are pleased to have been selected to provide these essential services to the Navy’s Military Sealift Command.

Jeff Roberts, president and CEO of Erickson Incorporated said: “We are pleased to have been selected to provide these essential services to the Navy’s Military Sealift Command. These new awards further cement our position as a preferred provider of services in support of the US Department of Defense operations around the world.”

Operations will be based out of Naval Base Guam, with multiple aircraft supporting United States Pacific Fleet and Central Command.

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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