AAR Receives $65 M Order for Container Platforms

(Wood Dale, Illinois, April 5, 2010) -- AAR (NYSE: AIR) announced today that it has received an order to provide Containerized Roll-in/Out Platforms (CROP) for the U.S. Army, valued at $65 million.

The platforms will be built at AAR's manufacturing facility in Cullman, Alabama, commencing in the summer of 2010. The order is part of a five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract that was established in 2005.

"We take pride in supplying products that play a vital role in the Army's logistics-based distribution system," said Timothy J. Romenesko, President and Chief Operating Officer of AAR CORP. "These products contribute to an efficient supply line that ensures rapid response times and uninterrupted systems availability."

The CROP is a rolling platform used by the Army to transport and deliver supplies and equipment across its multi-modal distribution system.

Source : AAR Corporation (NYSE: AIR)