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MD Helicopters history
MD Helicopters company history timeline
In May 1965, the company won the contract for a new observation helicopter for the United States Army, and produced the OH-6 Cayuse (Hughes Model 369). The OH-6 was later developed into the civilian Model 500, variants of which remain in production to this day.
In 1975, the company won the contract for the AH-64 Apache attack helicopter.
By December 1981, six AH-64A prototypes had been built and the Army had awarded a production contract to the company.
In 1983, the company licensed Schweizer Aircraft to produce the Model 300C. Schweizer was eventually purchased by Sikorsky Aircraft, which is itself now a division of Lockheed Martin.
The company was sold to McDonnell Douglas in 1984.
In 1986, McDonnell Douglas sold all the rights to the Model 300C to Schweizer Aircraft.
In 1999, Boeing completed the sale of the civilian line of helicopters to MD Helicopter Holdings Inc., an indirect subsidiary of the Dutch company, RDM Holding Inc.
Production would reach more than 1,100 by 2005.
After suffering dismal commercial performance, the company was purchased in 2005 by Patriarch Partners, LLC, an investment fund.
Lynn Tilton, the Chief Executive Officer and sole principal of Patriarch Partners, was CEO of MD Helicopters until she relinquished control in March 2020 following bankruptcy court rulings related to Patriarch holdings.
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MD Helicopters competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Pratt & Whitney | 1925 | $16.2B | 38,737 | 14 |
| Northrop Grumman | 1939 | $41.0B | 97,000 | 2,923 |
| Bell Flight | 1960 | $13.7B | 10,200 | - |
| GE Aviation | 1917 | $10.2B | 48,000 | - |
| Aurora Flight Sciences | 1989 | $169.2M | 468 | 17 |
| SLM Technologies | 2014 | - | 6 | - |
| Auburn Armature | 1946 | $42.0M | 176 | - |
| Robinson Helicopter | 1973 | $200.0M | 1,300 | - |
| Liberty Aerospace | 2000 | $1.6M | 32 | - |
| DeCrane Holdings Co. | 1998 | $53.0M | 125 | - |
MD Helicopters history FAQs
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MD Helicopters may also be known as or be related to M D Helicopters, MD HELICOPTERS, INC., MD Helicopters, MD Helicopters Inc, MD Helicopters,, Mc-Donnell-Douglas Helicopter Company and Md Helicopters, Inc.