16 December 2013
AAR (NYSE: AIR) said it has received notice of a protest of a contract awarded by the US Transportation Command to AAR Airlift for fixed-wing airlift support in Central Africa.
The company announced the contract award, valued at approximately USD23m in revenue, on December 2, 2013. The company believes that USTRANSCOM made the correct decision in selecting AAR Airlift after careful consideration of the requirements of the RFP and the quality of its technical solution and past performance.
AAR is a global aerospace and defense contractor that employs more than 6,000 people in 17 countries. Based in Wood Dale, Illinois, AAR supports commercial, government and defense customers through two operating segments: Aviation Services and Technology Products. AAR´s services include inventory management and parts distribution; aircraft maintenance, repair and overhaul; and expeditionary airlift. AAR´s products include cargo systems and containers; mobility systems and shelters; advanced aerostructures; and command and control systems. More information can be found at www.aarcorp.com.