AAR Selected to Extend Airlift Support for U.S. Military
AAR (NYSE: AIR) announced today that the United States Transportation Command (USTRANSCOM) has exercised two renewal options for AAR to provide airlift support in Afghanistan through October of 2012. The first option has a value of $99 million and is part of a task order awarded to AAR in October, 2010. The second option has a value of $51 million and is part of a task order awarded to AAR in August, 2011.
The Company's AAR Airlift operating unit provides rotary-wing aircraft and related personnel, equipment and maintenance to transport personnel, cargo and mail in support of U.S. and NATO operations in Afghanistan. AAR Airlift will support the requirement using three Bell 214ST, seven Sikorsky S-61 and two Sikorsky S-92 helicopters, which were acquired to fulfill the initial contract award.
"We are very proud to provide airlift for the U.S. Government and its allies as an integral part of our nation's transportation and logistics capability in this austere environment," said Randy J. Martinez, Group Vice President, for AAR's Government and Defense Services segment. "This renewal reflects the dedication and outstanding work of our pilots and support personnel and the confidence that they've earned from both the U.S. Transportation Command and Department of Defense."
