HAI Convention News

Heli-Expo 2011: Tilton Bullish on MDH Prospects

 - March 7, 2011, 2:00 AM

Lynn Tilton, CEO of MD Helicopters, gave an upbeat assessment of the Mesa, Ariz.-based company’s near- and long-term prospects at a Heli-Expo press conference yesterday. Several major sales agreements that could keep the production line at capacity for the next four years are near consummation, according to Tilton. Among the prospective deals: a collaborative production agreement to provide the majority of the airframe for Boeing’s AH-6i light attack/reconnaissance helicopter for the global market and a contract with a six-nation EMS program in the Middle East to provide 50 to 75 MD902 helicopters and support over 10 years.