AAR awarded five-year contract to perform airframe maintenance for U.S. Navy's P-8A Poseidon fleet

Core Viewpoint - AAR CORP. has secured a five-year indefinite delivery/indefinite quantity contract valued at approximately $1.2 billion from the U.S. Navy's Naval Air Systems Command to provide maintenance and support for the P-8A Poseidon aircraft, reinforcing its strategic partnership with NAVAIR [1][2]. Group 1: Contract Details - The contract includes scheduled and unscheduled maintenance, in-service repair, technical directive incorporation, airframe modifications, and aircraft-on-ground (AOG) support for the U.S. Navy, the government of Australia, and foreign military sales customers [1][2]. - This contract solidifies AAR's leadership in commercial derivative airframe maintenance for the U.S. Department of Defense and enhances the Navy's operational readiness through the repair of the P-8A Poseidon [2]. Group 2: Company Overview - AAR is a global aerospace and defense aftermarket solutions provider with operations in over 20 countries, headquartered in the Chicago area [3]. - The company supports both commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services [3].