AAR

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AAR selected to extend airlift support for US military

AAR selected to extend airlift support for US military

29-Nov-2011Source: AAR

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... Read more

AAR awarded $99M more for Afghanistan work

AAR awarded $99M more for Afghanistan work

4-Nov-2011Source: US DoD

AAR Airlift Group, Inc., Palm Bay, Fla., is being awarded a $99,369,772 option year modification for rotary wing aircraft, personnel, equipment, tools, material, maintenance, and supervision necessary to perform passenger and cargo air transportation services.  Work will be performed in Afghanistan, and the option will start Nov. 1, 2011, to be completed by Oct. 31,... Read more

AAR significantly increases credit facility

AAR significantly increases credit facility

14-Oct-2011Source: AAR

AAR Corp announced today that it has amended its senior, unsecured credit agreement. The amendment increases the initial limit under the facility from $400 million to $580 million, and can be increased to $680 million under certain circumstances.  All pricing terms under the agreement were left unchanged and certain covenants under the facility were modified to provide the Company greater... Read more

AAR announces cash dividend

AAR announces cash dividend

12-Oct-2011Source: AAR

AAR CORP. (NYSE: AIR) announced today that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be paid on November 4, 2011, to stockholders of record as of the close of business on October 24, 2011.  Future cash dividends will be subject to Board of... Read more

AAR wins contract From Military Sealift Command

AAR wins contract From Military Sealift Command

16-Sep-2011Source: AAR

HeliHub.com editor note – we have already run the DoD official notice on 9th September – see Military Sealift Command awards AAR $76M vertrep contract – what follows is AAR’s press release AAR (NYSE: AIR) announced today that it has been awarded a contract from Military Sealift Command (MSC), to provide airlift support for U.S. Navy... Read more

Military Sealift Command awards AAR $76M vertrep contract

Military Sealift Command awards AAR $76M vertrep contract

9-Sep-2011Source: US DoD

AAR Airlift Group, Inc., Palm Bay, Fla., is being awarded a $15,464,426 firm-fixed-price contract for ship-based and/or vertical replenishment services in support of Commander, U.S. Pacific Fleet. AAR Airlift Group, Inc., will provide helicopters, personnel, and operational and technical support services in the Western Pacific and Indian Oceans and the Arabian Gulf. This contract includes... Read more

Sikorsky delivers two S92s for Afghanistan utility ops

Sikorsky delivers two S92s for Afghanistan utility ops

1-Feb-2011Source: Sikorsky

Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX), has delivered two S-92® helicopters to airlift services provider AAR Corp., for operations in Afghanistan. AAR will perform passenger and cargo lift missions on behalf of the United States Transportation Command (USTRANSCOM), a government agency that provides transportation for the Department of Defense. Both... Read more

Presidential Airways wins $94M of Afghanistan transportation work

Presidential Airways wins $94M of Afghanistan transportation work

5-Nov-2010Source: US DoD

Presidential Airways, Inc., an Aviation Worldwide Services Co., Camden, N.C., is being awarded a $94,367,844 option year modification for rotary wing aircraft, personnel, equipment, tools, material, maintenance and supervision necessary to perform passenger and cargo air transportation services. Work will be performed in Afghanistan, and the option will start Nov. 1, 2010, to be completed... Read more

AAR appoints new President of Aviation Worldwide Services

AAR appoints new President of Aviation Worldwide Services

20-Aug-2010

AAR announced that Jeffrey Schloesser, former Director of Army Aviation, has joined the Company as President of its Aviation Worldwide Services (AWS) business unit. Schloesser will be responsible for leading strategic planning, operations and growth of AWS, which provides airlift services and specialized aircraft modifications. Schloesser’s prestigious career with the U.S. Army spans 34 years,... Read more

AAR Strengthens Relationship With Sikorsky and Provides Manufacturing and Machining for S-92 and H-60 helicopter

AAR Strengthens Relationship With Sikorsky and Provides Manufacturing and Machining for S-92 and H-60 helicopter

6-Jan-2010Source: AAR

AAR (NYSE: AIR) announced today that it has signed a Memorandum of Agreement (MOA) with Sikorsky Aircraft Corporation under which the two companies will work together to identify opportunities to expand their business relationship. In addition, AAR was named the exclusive supplier of composite interiors for the Sikorsky S-92® helicopter program and will provide precision... Read more

Rolls-Royce expands RR300 global reach through exclusive distribution agreement with AAR

Rolls-Royce expands RR300 global reach through exclusive distribution agreement with AAR

24-Sep-2009Source: Rolls-Royce

Ken Roberts, President of the Rolls-Royce Helicopter Engine business said, “With the turn-key solution AAR will provide, RR300 operators will have 24/7 access to parts and services critical for their day to day operations. As the Rolls-Royce Helicopter business continues to grow, meeting the needs of our customers around the world remains a top priority.”... Read more

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