EAC - Erickson Incorporated

Discussion in 'Penny Stocks' started by T0rm3nted, Jun 6, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Erickson Incorporated (EAC) is a provider of aviation services to both commercial and governmental entities in approximately 20 countries. The Company's operating segments include Commercial Aviation Services, Global Defense and Security, and Manufacturing and Maintenance, Repair and Overhaul (MRO). The Company owns and operates a fleet of aircraft and provides a range of aerial services, including critical supply and logistics for deployed military forces, humanitarian relief, firefighting, timber harvesting, infrastructure construction and crewing. It also maintains a vertically integrated manufacturing capability for the Aircrane and related components, and MRO services for the Aircrane and other aircraft. The Company operates a fleet of light, medium and heavy rotor-wing and fixed-wing aircraft. The Company also leases its aviation services for missions, with customers paying for the aircraft, maintenance, crewing services and fuel to operate the aircraft.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Erickson Announces Award Of Two Contracts With The United States Navy Military Sealift Command
    Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce the award of 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 5 th and 7 th Fleets. Both contracts were awarded in February 2016, but Erickson chose to delay announcement until resolution of protests filed with the Government Accountability Office.

    Read full article here: https://www.thestreet.com/story/135...ted-states-navy-military-sealift-command.html
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Up 218% after hours :eek:
     

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