AAR Begins Work on 15-Year $909 M Landing Gear Contract for USAF

AAR (NYSE: AIR) received the Notice to Proceed on the $909,394,297 fixed-price contract from the U.S. Air Force for the Landing Gear Performance-Based Logistics One program.

AAR will provide total supply chain management including purchasing, remanufacturing, distribution and inventory control to support all Air Force depot and field-level, foreign military sales, other services, and contractor requisitions received for all C-130, KC-135 and E-3 landing gear parts.

"We are excited to get started on this important contract for the Air Force," said Nicholas Gross, Senior Vice President, Government Supply Chain Solutions. "Serving as the prime contractor, AAR will support these three fleets utilizing our Landing Gear Repair and Overhaul center in Miami, as well as our supply chain network across the country."

Repair work will be done at AAR's landing gear services facility in Miami and inventory supply and management will be handled via AAR offices and warehouses in Wood Dale, Illinois, and Ogden, Utah.

Source: AAR Corporation (NYSE: AIR)
Date: Aug 9, 2017