MD Helicopters Awarded $186 Million contract for RWPTA

MD Helicopters, Inc. (MDHI), a leading manufacturer of commercial and military helicopters, has been awarded a $186 million contract from the Department of the Army for its Rotary Wing Primary Training Aircraft (RWPTA) to be used in Shindand, Afghanistan. The initial award calls for six (6) MD 530F Helicopters for training purposes and could reach as many as fifty four (54) aircraft over the life of the four year contract. The Department of the Army Contract W58RGZ-11-C-0070, Non-Standard Rotary Wing Aircraft (NSRWA) as awarded to MD Helicopters includes all critical spares provisioning. “This is a great day for MD and for me. We feel privileged by the opportunity to support the U.S. Army and deeply honored by the significance of the award,” said Lynn Tilton, Chairman and CEO of MD Helicopters. In his letter of award, dated March 10, 2011, Contracting Officer, William Epps wrote, “MD Helicopter’s proposal was determined to present the offer that represented the lowest price and technically acceptable proposal to the Government and thus was selected for Award. I would like to extend to you and your team my congratulations.”