AAR wins contract from Military Sealift Command
AAR announced today that it has been awarded a contract from Military Sealift Command (MSC), to provide airlift support for US Navy ships. The contract has a one-year initial base period, three one-year options and an additional 11-month option with an estimated total value of approximately $77 million.
The vertical replenishment (VERTREP) contract calls for the renewal of 4 helicopters, personnel, and operational and technical support services that the Company currently provides in the Western Pacific and Indian Oceans and the Arabian Gulf. AAR was selected from four competitive bids submitted.
"This award reflects the Military Sealift Command's continuing confidence in AAR's transportation and logistics capabilities and we are extremely proud to support the US Navy's operations at sea," said David P. Storch, Chairman and Chief Executive Officer, AAR CORP.
AAR's Airlift Group provides expeditionary airlift services in austere environments and performs specialized aircraft modifications in support of national defense, security and humanitarian relief operations. Under current contracts, the Company provides airlift for the Department of Defense in three regions around the world, using both fixed-wing aircraft and rotary-wing aircraft to transport personnel, supplies and mail over land and at sea.
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