AAR Secures a $1.2B Deal for Its P-8A Poseidon Aircraft

AAR Corp. (AIR) recently secured a nearly $1.2 billion deal for five years of indefinite delivery/indefinite quantity with the U.S. Navy's Naval Air Systems Command (“NAVAIR”). Per the contract, AIR will look after the engine depot maintenance and repair of the P-8A Poseidon Aircraft fleet.A Brief Note on AAR’s Deal For the Navy's expanding fleet, AIR and its strategic partner Delta TechOps will boost engine asset availability starting in October 2024 by offering program management, supply-chain management, ...