Newsroom | AAR Corporate

Apr 27, 2020

AAR Mobility Systems awarded a $125 million sole source firm-fixed-price (FFP) contract from the US Air Force to produce and repair 463L Cargo Pallets

CADILLAC, Michigan — AAR’s (NYSE: AIR) Mobility Systems division, a leading global supplier of rapid deployment equipment, has been awarded a sole source firm-fixed-price (FFP) requirements contract that includes a base year with four one year option periods from the U.S. Air Force for the production and repair of 463L cargo pallets. The total contract value is $125 million. The cargo pallets will be manufactured and repaired in Cadillac, Michigan.

Apr 15, 2020

AAR Mobility Systems awarded $11.9 million firm-fixed-price (FFP) contract from the US Army Contracting Command, Detroit Arsenal, Michigan to produce Lightweight Multi-Purpose Shelters

CADILLAC, Michigan — AAR’s (NYSE: AIR) Mobility Systems division, a leading global supplier of rapid deployment equipment, has been awarded a firm-fixed-price (FFP) contract from the US Army to produce three variants of Lightweight Multipurpose Shelters (LMS). These shelters will be manufactured at AAR Mobility Systems in Cadillac, Michigan. The firm-fixed-price (FFP) contract with AAR Mobility Systems is for five years for an estimated value of $11.9 million.

Mar 31, 2020

AAR and Sumitomo Corporation announce joint venture to provide aviation aftermarket supply chain solutions to Japanese defense and global commercial markets

Wood Dale, Illinois — AAR (NYSE: AIR), a leading aviation services provider to commercial airlines and governments worldwide, and Sumitomo Corporation, a top Japanese trading company, are launching a joint venture ― AAR Sumisho Aviation Services. This Chicago-area-based joint venture will distribute aircraft parts and offer aviation logistics management solutions to the Japanese defense market. Additionally, the partnership will distribute parts from OEMs based in Japan to the global aviation af

Mar 17, 2020

AAR elects H. John Gilbertson to its Board of Directors

Wood Dale, Illinois -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, announced today that H. John Gilbertson, Jr., retired Managing Director of Goldman Sachs Group Inc., has been elected to the Company's Board of Directors, effective immediately. The addition of Mr. Gilbertson increases the size of the Board from 11 to 12 directors.

Feb 24, 2020

AAR signs letter of intent with Air Canada to add new aircraft types and establish airframe maintenance Center of Excellence at Trois-Rivières MRO location

Wood Dale, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, announced today that AAR Aircraft Services Trois-Rivières ULC (“AAR”) has entered into a letter of intent with Air Canada regarding a ten-year, renewable agreement for airframe maintenance.

Feb 12, 2020

AAR signs Memorandum of Understanding with Korean Aerospace Engineering & Maintenance Services for F-16 component maintenance consulting

WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, announced today a Memorandum of Understanding (MOU) to provide consulting services for Korean Aerospace Engineering & Maintenance Services (KAEMS).

Feb 11, 2020

Philippine Airlines selects Airinmar's new aircraft warranty and value engineering services

BERKSHIRE, England — AAR (NYSE: AIR) subsidiary Airinmar, the leading independent global provider of component repair management and new aircraft warranty solutions, has signed a three-year support services agreement with flag carrier Philippine Airlines (PAL).

Feb 03, 2020

AAR names Jessica Garascia General Counsel

WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to airlines and governments worldwide, announced that Jessica A. Garascia has joined as General Counsel, effective today. Garascia succeeds Robert Regan and will report to John Holmes, President and Chief Executive Officer. She will oversee AAR’s internal legal team, as well as outside counsel, and will have responsibility for all legal affairs.

Jan 27, 2020

AeroControlex names AAR exclusive global distributor for APU lube pump products

WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed a multiyear agreement with AeroControlex, under which AAR will be exclusively stocking and selling auxiliary power unit (APU) lube pumps and all related piece-part components worldwide.

Jan 17, 2020

AAR Mobility Systems awarded contract from the Defense Logistics Agency Troop Support to produce specialized shipping/storage containers

AAR (NYSE: AIR) Mobility Systems has been awarded a sole-source Indefinite Delivery/Indefinite Quantity (IDIQ) contract to produce specialized shipping/storage containers and accessories. The containers and accessories will be manufactured in Cadillac. The sole-source IDIQ contract with the Defense Logistics Agency Troop Support in Philadelphia includes a two-year base period, with an option to extend thereafter for three additional years, for an estimated value of $90 million.