Contract supports U.S. Army's Stryker medical evacuation vehicle
DENVER, Oct. 27 /PRNewswire-FirstCall/ -- Air Methods Corporation (Nasdaq: AIRM), the largest air medical transportation company in the world, today announced its Products Division has been awarded a contract in excess of $15 million from General Dynamics Land Systems. The contract calls for Air Methods to provide more than 300 patient loading systems to General Dynamics for the U.S. Army Stryker medical evacuation vehicle. Production has started and is anticipated to be completed by the third quarter 2010.
"Air Methods is proud to once again provide patient loading systems for the Stryker medical evacuation vehicle," said Art Torwirt, vice president, Air Methods Products Division. "These vehicles have proven to be a tremendous success in providing treatment to soldiers with serious injuries on the new modern non-linear battlefield."
The medical evacuation vehicle is a specialized version of the Stryker armored vehicle utilized by the U.S. Army to transport and provide lifesaving medical care for up to four litter patients. The patient loading system is able to quickly convert from the litter configuration into a seating configuration to transport ambulatory patients or personnel, providing excellent versatility to the vehicle.
Air Methods Corporation (http://www.airmethods.com) is a leader in emergency air medical transportation and medical services. The Hospital Based Services Division is the largest provider of air medical transport services for hospitals. The Community Based Services Division is the largest community-based provider of air medical services. The Products Division specializes in the design and manufacture of aeromedical and aerospace technology. The Company's fleet of owned, leased or maintained aircraft features over 320 helicopters and fixed wing aircraft.
Forward Looking Statements: This news release includes certain
forward-looking statements, which are subject to various risks and
uncertainties. Actual results could differ materially from those currently
anticipated due to a number of factors, including but not limited to the
integration of CJ into our existing operations, the size, structure and
growth of the Company's air medical services and products markets; the
collection rates for patient transports; the continuation and/or renewal of
air medical service contracts; the acquisition of profitable Products
Division contracts and other flight service operations; the successful
expansion of the community-based operations; and other matters set forth in
the Company's public filings.
CONTACTS: Aaron D. Todd, Chief Executive Officer, (303) 792-7413. Please
contact Christine Clarke at (303) 792-7579 to be included on the
Company's fax and/or mailing list.
|SOURCE Air Methods Corporation|
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