Sat, Oct 08, 2005
MD Says Explorer Is The Only Aircraft That Meets Specifications
For Army Program
MD Helicopters (MDHI) is bidding its MD Explorer for the US
Army's $1.3-billion Light Utility Helicopter Program. "From the
beginning, it has been clear that the MD-900 Explorer is the single
helicopter that meets the specifications of the LUH program on both
variables of performance and price," said Lynn Tilton, Chief
Executive Officer and founder of Patriarch Partners, LLC, an
investment advisor who manages the funds that own a controlling
interest in MDHI. "And, there has never been any doubt that we were
going to go all-out to win this program in order to deliver to the
US Army a helicopter widely known for its safety features and
price/performance benefit."
MDHI had been paired with Lockheed Martin, but since parting
ways has made the commitment to move forward. "This is all about
finding a way to deliver the Army the aircraft for which they
specifically asked, and to do it at the stated price and operating
cost," said Robert Ren�, MDHI's CEO.
"For that reason, experts from all
corners of the military and rotorcraft industry urged us to go
forward and we think they're right," added Rene. "Whether we
continue alone, or in later rounds complete the effort with another
CLS partner, the key is to make sure the Army gets the helicopter
they are asking for. In making this commitment, we're fulfilling
that promise."
The MD Explorer is a twin-turbine helicopter that entered
service in April 1995 and is the first light-twin helicopter in the
world with FAA and JAA certification for single-pilot Category A
IFR operations. The aircraft provides excellent performance on hot
days and at high altitudes. In emergency, it can operate with only
one engine. The MD Explorer is proven worldwide as an air
ambulance, for personal and executive transport, electronic
newsgathering, law enforcement, and for general utility use.
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