AAR awarded five-year P-8A Poseidon engine overhaul contract by U.S. Navy

Core Points - AAR CORP. has been awarded a five-year indefinite delivery/indefinite quantity contract valued at approximately $1.2 billion by the U.S. Navy's Naval Air Systems Command for engine depot maintenance and repair of the P-8A Poseidon Aircraft fleet [1][2] - The partnership with Delta TechOps will enhance program management, supply chain management, engineering support, and maintenance services to improve engine asset availability for the Navy's P-8A fleet [2][3] - This contract aligns with AAR's strategy to expand its commercial derivative business and is expected to increase engine part sales in the Company's Part Supply segment [2] Company Overview - AAR is a global aerospace and defense aftermarket solutions provider with operations in over 20 countries, supporting both commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services [4] - Delta TechOps is the largest airline maintenance, repair, and overhaul provider in North America, offering high-quality service to over 150 aviation and airline customers globally, with a focus on engines, components, and line maintenance [5]