AAR Wins New Award for Airlift Services
- Largest commercial airlift provider supporting U.S. operations in Afghanistan lands bid to provide additional support
The task order calls for the renewal of 10 fixed-wing aircraft that the Company currently operates in the region and the addition of two aircraft, scheduled to enter into service October 1, 2011. On Friday, June 24, USTRANSCOM issued an announcement that included funding for the initial base period of approximately $49 million for the 12 aircraft.
The Middle East Military Air Market - Revenue Opportunities and Stakeholder Mapping
"This award reflects the U.S. Transportation Command's confidence in AAR's transportation and logistics capabilities and we are extremely proud to help mobilize and support operations in a variety of austere and challenging environments," said David P. Storch, Chairman and Chief Executive Officer, AAR CORP.
Source : AAR Corporation (NYSE: AIR)