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.

FMI: www.mdhelicopters.com