AAR Corp. Gets Contract From U.S. Navy's Naval Air Systems Command - Quick Facts

(RTTNews) - AAR CORP. (AIR) said it has been awarded a five-year indefinite delivery/indefinite quantity contract with an aggregate ceiling value of approximately $1.2 billion by the U.S. Navy's Naval Air Systems Command or NAVAIR to perform P-8A Poseidon depot airframe maintenance and depot field team support for the U.S. Navy, government of Australia, and foreign military sales customers.

The company said this follow-on contract continues AAR's strategic partnership supporting NAVAIR. AAR will provide scheduled and unscheduled maintenance, in-service repair, technical directive incorporation, airframe modifications, and aircraft-on-ground support.