CADILLAC, Michigan, April 27, 2020 (GLOBE NEWSWIRE) — 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.“AAR continues to produce and maintain this strategic asset for the U.S. Air Force to ensure it meets its worldwide operational requirements,” said Lee Krantz, Senior Vice President, AAR Mobility Systems. “For many years, AAR has been proud to provide the 463L cargo pallet to the U.S. Armed Forces, its allies, and other U.S. Government agencies.”AAR has been proud to provide the 463L systems cargo pallets to the U.S. Armed Forces and continues to be the world leader in design and production. The 463L USAF design uses a lightweight balsa wood core that continues to provide unparalleled strength-to-weight performance and reliability compared to alternative commercial pallet designs. The pallets are designed to be loaded and off-loaded on a variety of military and commercial aircraft.For more information about AAR’s Mobility Systems, click here.# # #About AAR
AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems and Composite Manufacturing operations. Additional information can be found at www.aarcorp.com.About AAR Mobility SystemsAAR Mobility Systems is a division of AAR and a leading global supplier of rapid deployment equipment, including mobile tactical shelters, pallets and expeditionary containers that enhance the military’s ability to mobilize, deploy, maneuver and sustain forces. AAR Mobility also manufactures large lightweight structural assemblies and platforms that support mission essential functions. Products are supported through a network of service centers, field service teams and strategic partners. More information can be found at www.aarmobilitysystems.com. Daniela Pietsch
AAR Corp
6302275100
editor@aarcorp.com
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