Erickson Air-Crane reported the signing of a Master Agreement with Sikorsky Aircraft to build fabricated aircraft assemblies. Activities under the Master Agreement scope of work will begin immediately, using a wide range of Erickson expertise in engineering, legacy aircraft production, and fabrication of aircraft assemblies. The total contract value is more than $5.6m. Erickson expects to recognize the majority of contract revenues when assemblies start shipping in 2014 through 2015.
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