AAR Wins $105 Million Award from U.S. Navy for Contract Logistics Support of C-40A Clipper Aircraft
Company will leverage its broad range of services & facilities across the U.S.
WOOD DALE, Illinois – AAR (NYSE: AIR) was awarded a $104,970,967 five-year, fixed-price contract by the Naval Air Systems Command (NAVAIR) for fleet logistics support, including commercial depot support and site support, for the C-40A Clipper aircraft, a derivative of the Boeing 737-700 commercial airliner.
“We are honored by this selection and look forward to providing top-notch service to our U.S. Navy customer,” said John Holmes, Chief Operating Officer, Aviation Services. “This award further cements AAR’s position as a prime logistics sustainment provider in the government and defense marketplace.”
“AAR is a strong fit for this contract because we can utilize our broad range of services and facilities across the country to maintain the airframes from tip to tail,” said Don Wetekam, Senior Vice President, Government & Defense Programs. “And we will be partnering with United Airlines under their Part 121 certificate for technical parts and quality oversight.”
Heavy maintenance work on the C-40A aircraft, the newest commercial derivative medium lift aircraft used for Navy Unique Fleet Essential Airlift missions, will be performed at AAR’s Maintenance, Repair and Overhaul (MRO) facility at the Oklahoma City airport, with logistics being supported at five Naval Air Stations. AAR will also use its landing gear repair facility in Miami and component repair shop in New York to support the Navy fleet. AAR has contracted with Lockheed Martin Commercial Engine Solutions to provide engine repair work.
“This contract is a great example of how AAR can apply commercial aviation supply chain best practices to help the government increase efficiencies and decrease costs,” said David P. Storch, Chairman, President & CEO. “In this time of reduced budgets, government can rely on a trusted partner like AAR that has been providing aviation aftermarket services for more than 60 years.”
About AAR
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
Contact
Media Team
Corporate Marketing & Communications
+1-630-227-5100
Editor@aarcorp.com
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2018. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission.
Related news
See allApril 22, 2025
AAR and Defense Logistics Agency Aviation sign Supply Chain Alliance, formalizing commitment to strengthening joint support of the warfighter
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, and the U.S. Defense Logistics Agency (DLA) Aviation’s Supply Center in Richmond, Virginia, signed a Supply Chain Alliance charter, formalizing a commitment to strengthening joint support of the nation’s warfighter. AAR is DLA Richmond’s first Supply Chain Alliance partner.
April 07, 2025
AAR, KIRA establish KALS LLC joint venture, awarded E-6B contract by U.S. Navy
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, has formed a joint venture, KALS LLC, with KIRA Aviation Services under the federal government’s Small Business Administration Mentor-Protégé Program. The joint venture was recently awarded an E-6B Mercury pilot training contract by the U.S. Navy.
April 07, 2025
AAR names Sharon Purnell Senior Vice President and Chief Human Resources Officer
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced that Sharon Purnell has joined the Company as Senior Vice President and Chief Human Resources Officer. In this role, Purnell will oversee the Company’s global Human Resources department, including its recruitment, talent management, and engagement initiatives.