HNZ Group, September 03, 2015 - MONTREAL, Canada - HNZ Group is pleased to announce it has received a notice of intent to award a contract from the United States Department of Defense in support of the North Warning System (“NWS”).
The NWS is an early warning radar system, comprised of 47 radar sites spanning the Canadian Arctic.
HNZ Group, operating under brand Canadian Helicopters, has been selected as the “successful offeror”, subject to customary U.S. government approval of operational funding for each fiscal year and conclusion of definitive contracts. The Department of Defense decision was taken following a competitive bidding process.
A total of nine owned IFR medium and heavy helicopters, including some redeployed fleet from Afghanistan, will be used for the contract. The contract includes a year-round service employing five aircraft on the Operations and Maintenance component, and four aircraft in a seasonal capacity servicing the Bulk Fuel and Supplemental components with various commencement dates. Canadian Helicopters is the current service provider for both the Bulk Fuel transfer and Supplemental components.
The contract is for a six-month base period with four one-year and one six-month extensions, each exercisable at the option of the Department of Defense, for a total of five years with expected aggregate revenues of approximately US$61 million. The prime contractor is the Canadian Commercial Corporation, Canada’s international contracting agency, which focuses on government-to-government contracting and procurement.
“These agreements represent a continuation of our long term relationship with the U.S. military,” said Don Wall, President and CEO of HNZ Group. “We are pleased with the ongoing confidence that the United States Department of Defense has placed in the quality of our services and operations.”
About HNZ Group Inc: HNZ Group is an international provider of helicopter transportation and related support services with operations in Canada, New Zealand, Australia, Norway, Southeast Asia and Antarctica. The Corporation operates in excess of 120 helicopters to support offshore and onshore charter activities. Offshore operations worldwide are provided through HNZ Global and partner Norsk Helikopterservice while onshore charter operations are managed by Canadian Helicopters in Canada, Asia-Pacific and Antarctica. Clients consist of multinational companies and government agencies including offshore and onshore oil and gas, mineral exploration, military support, hydro and utilities, forest management, construction, air ambulance and search and rescue. In addition to charter services, it provides third-party repair and maintenance services and flight training, including the internationally recognized HNZ Topflight advanced training centre in Penticton, British Columbia. HNZ Group is a publically traded company on the Toronto Stock Exchange and is headquartered near Montreal, Canada employing
approximately 700 personnel from 34 locations around the world.