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June 05, 2013

Ex-Im Bank Provides $187.4 Million For Helicopter Exports

Bond Issuance Guarantee For Sale Of Sikorsky S-92 Helos To Milestone Aviation Group

The Export-Import Bank of the United States (Ex-Im Bank) is providing a $187.4 million guarantee of a capital-markets bond to finance the export of Sikorsky S-92 helicopters to The Milestone Aviation Group Ltd. of Dublin, Ireland. The transaction is Ex-Im Bank's largest financing of U.S.-manufactured commercial helicopter exports.

AD NUMBER: 2013-11-05

PRODUCT: Bell Model 214B, 214B-1, and 214ST helicopters with a certain tail rotor hanger bearing (bearing) installed.

Flight Training Also To Be Offered By The Company

ING Robotic Aviation has entered into a partnership with Anthea Technologies to become the sole Canadian reseller of the Huginn X1 ‘quad rotor’ vertical takeoff and landing unmanned aerial vehicle (UAV). In addition to sales of the platform, ING can also organize training and offer operational advice for the end user.