- Erickson Incorporated (NASDAQ:EAC-OLD) +4.75% announced a six-month extension of its current four-year contract for government sustainment. The contract extension is valued for ~$29M and funds operations for the remainder of 2016.
- Under the contract extension, Erickson will continue to provide airlift services for passengers and cargo.
- "This contract further enhances our reputation as a trusted provider of aerial services in support of U.S. Government operations and initiatives," said Brian Pierson, Vice President of Global Defense and Security at Erickson.