- Erickson Air-Crane's (EAC -1.4%) Evergreen Helicopter unit lands a five-year contract for ship-based and shore-based vertical replenishment with the Military Sealift Command.
- The year one value of the deal is $6.8M. Four option-year renewals bring the total value of the deal to $36.6M. (PR)
- EAC's deal for Evergreen was the subject of a piece by SA contributor Richard Pearson which caused the stock to fall double-digits back in June.
at Zacks.com (Nov 10, 2014)