AAR to Expand Afghanistan Airlift Support for USTRANSCOM

(Wood Dale, Illinois, July 8, 2010) -- AAR (NYSE: AIR) announced today that it has been selected by the U.S. Transportation Command (USTRANSCOM) to provide airlift support services in Afghanistan. The new Short Take Off and Landing (STOL) contract has a duration of one-year with four one-year renewal options and is valued at $24 million per year.

Under the new multi-year contract, AAR will transport passengers and cargo for U.S. and Coalition forces using three Dash 8 aircraft that are being leased for the duration of the contract term. AAR, through its recently acquired Aviation Worldwide Services operating unit, currently supports three other Department of Defense contracts in Afghanistan using 12 fixed-wing and 19 rotary-wing aircraft.


"This new program expands AWS's established logistic footprint and extends our support as part of TRANSCOM's tactical airlift capability," said Randy Martinez, Group Vice President of AAR's Government and Defense Services segment. "Since acquiring AWS in April, we've made excellent progress integrating the business, which is very well positioned to provide expeditionary airlift services for our nation and its allies."

Source : AAR Corporation (NYSE: AIR)