HANGAR TALK Industry news relevant to your business
Erickson Awarded KRACEn Contract with U.S. Navy
On April 14, Erickson Incorporated was awarded a contract with the United States Navy Fleet Readiness Center Procurement Group, Patuxent River, Maryland. The kits, 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,” said
Cochie, Erickson VP of Defense and National Security.
Kevin
Kopter Officially Joins Leonardo Helicopters
Boeing Delivers 500th AH-64E Apache Helicopter
Production, flight test and deliveries of the AH-64E Apache helicopter continue at the Boeing site in Mesa, Arizona. With 500 AH-64E Apaches in service with the United States Army and defense forces around the world, the ‘Echo’ model provides enhanced performance, joint
digital
interoperability, situational awareness, and survivability with reduced operational and support costs. First delivered in 2011, the AH-64E has been used in combat operations and peacekeeping efforts. Planned modernization of this multi-role combat helicopter ensures it is ready to fulfill operational requirements globally.
26 May/June 2020
Primarily based in Switzerland, Kopter has been operating since 2009, originally designated Marenco Swiss Helicopter and later rebranded as Kopter Group AG in 2018. The SH09 combines the latest available technologies and safety features, providing excellent performance at affordable cost for a variety of applications.
Leonardo recently announced the closing of the acquisition of Kopter Group AG (Kopter) from Lynwood (Schweiz). The purchase price, on a cash and debt-free basis, consists of a $185 million fixed component plus an earn-out mechanism linked to certain milestones over the life of the program, starting from 2022.
The acquisition of Kopter allows Leonardo to further strengthen its worldwide leadership and position in the rotorcraft sector, in line with the Industrial Plan’s objectives for the reinforcement of the core businesses.
Leonardo will leverage innovation, new capabilities and engineering skills that have been developed by the young, agile Swiss Company. Kopter’s SH09, a new single-engine helicopter, is a perfect fit for Leonardo’s state-of-the-art product range offering opportunities for future technological developments. This new product will benefit from Leonardo’s industrial know-how,
service, training
experience and commercial network, while allowing it to achieve an even greater range of offer and market footprint.
The Swiss company’s complementary competencies will boost future developments towards more disruptive technologies, mission capabilities and performances, including innovative hybrid/electrical propulsion solutions.
Within the Helicopter Division of Leonardo, Kopter will act as an autonomous legal entity and competence center working in coordination with Leonardo.
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