ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

M1 Awarded $699M Contract to Support CAL FIRE

M1 Support Services (M1) announced today it was awarded a contract by the California Department of Forestry & Fire Protection (CAL FIRE) for Aviation Logistical Services – Pilots and Mechanics. The value of this contract is $699,287,973 if all options are exercised over a five-year period beginning April 15, 2026.

“We are honored to have CAL FIRE place their trust in M1 to support this critical, no fail mission,” said George Krivo, Chairman and CEO of M1 Support Services. “M1 stands for ‘Mission First,’ highlighting our unwavering commitment to our customers and those they serve. We look forward to supporting CAL FIRE in protecting the people, property, and resources of the state of California.”

CAL FIRE’s world-renowned aviation program responds to thousands of wildland fires across California annually. The operational fleet features Lockheed Martin C-130 Hercules and Grumman S-2T airtankers, Bell UH-1H Super Huey and Sikorsky S-70i FIREHAWK helicopters, and North American OV-10A (including one D-model) Bronco Air Tactical aircraft. These assets, along with highly skilled crew members, pilots, and support staff, are strategically positioned at one airtanker base, 13 air attack bases, 10 CAL FIRE helitack bases, and one joint CAL FIRE/San Diego County Sheriff helitack base. This distribution allows aircraft to reach even the most remote State Responsibility Area (SRA) fires within approximately 20 minutes, supporting the goal of containing 95% of all fires to 10 acres or less. With nearly 70 fixed- and rotary-wing aircraft, CAL FIRE operates the largest aerial firefighting fleet in the world.

About M1 Support Services, a Cerberus Capital Management Company

M1 Support Services is a mission-first, force-multiplying partner solely dedicated to providing aviation solutions to the U.S. Department of War, allies, and partner nations. Our complete spectrum of services includes flight training and simulation, maintenance, repair and overhaul (MRO), flight operations, logistics, aircraft modifications and upgrades. The only company of scale focused solely on aviation solutions, we execute large, complex programs of national and international significance, supporting the most advanced military aircraft in the world. Learn more at www.M1services.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  213.21
-5.73 (-2.62%)
AAPL  257.46
-2.83 (-1.09%)
AMD  192.43
-7.02 (-3.52%)
BAC  48.64
-0.89 (-1.80%)
GOOG  298.30
-2.61 (-0.87%)
META  644.86
-15.71 (-2.38%)
MSFT  408.65
-2.03 (-0.49%)
NVDA  177.82
-5.52 (-3.01%)
ORCL  152.96
-1.83 (-1.18%)
TSLA  396.73
-8.82 (-2.17%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.