AAR awarded 10-year $365M USAFE F-16 Depot-Level Maintenance and Modification contract
16 Dezember 2021 - 02:49PM
AAR (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs, and OEMs, was awarded a
ten year $365M firm fixed price, indefinite delivery/indefinite
quantity contract with the Air Force Life Cycle Management Center
to support United States Air Forces in Europe (USAFE) F-16
aircraft.
“AAR is honored to continue our strong partnership with the U.S.
Air Force, delivering our highly flexible, adaptable and scalable
maintenance and supply chain solution to the USAFE F-16 fleet,”
said Nicholas Gross, AAR Senior Vice President, Integrated
Solutions. “We will draw from our global sustainment infrastructure
and existing partnerships to optimize fleet readiness in the
European theater.”
AAR will provide aircraft depot-level maintenance and repair
primarily for F-16 aircraft allocated to USAFE and to support
possible overflow requirements for all USAF F-16 aircraft.
Additionally, AAR will send Contractor Field Teams (CFT) to perform
depot-level repairs on any F-16 aircraft at any location on an
as-needed basis. Work will include F-16 avionics and structural
depot-level maintenance and modifications, Service Life Extension
Program (SLEP) modifications, drop-in maintenance, and full strip,
paint, and corrosion control on selected aircraft required to
sustain the F-16 fleet throughout Europe.
“This program is another example of AAR’s successful strategic
expansion into the government end market and we are excited to
extend our support to the F-16 platform” said John Holmes, AAR
President and CEO. “As we begin our partnership with USAFE, the
Government can depend on AAR’s commitment to service, quality and
excellence as a force enabler for global operations.”
For more information about AAR´s Government Solutions, please
visit aarcorp.com/integrated-solutions/government-solutions/.
# # #
About AARAAR is a global aerospace and defense aftermarket
solutions company with operations in over 20 countries.
Headquartered in the Chicago area, AAR supports commercial and
government customers through two operating segments: Aviation
Services and Expeditionary Services. AAR’s Aviation Services
include Parts Supply; OEM Solutions; Integrated Solutions; and
Maintenance, Repair and Overhaul (MRO) Services. AAR’s
Expeditionary Services include Mobility Systems operations.
Additional information can be found at www.aarcorp.com.
This press release contains certain statements relating to
future results, which are forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995
which reflect management’s expectations about future conditions,
including, the expectation to continue our strong partnership with
the U.S. Air Force, delivering our highly flexible, adaptable and
scalable maintenance and supply chain solution, the ability to
optimize fleet readiness in the European theater, the continued
successful strategic expansion into the Governments markets, and
AAR’s commitment to service, quality, and excellence as a force
enabler for global operations. Forward-looking statements may also
be identified because they contain words such as ‘‘anticipate,’’
‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’
‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’
‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’
‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the
negatives of those terms. These forward-looking statements are
based on beliefs of Company management, as well as assumptions and
estimates based on information currently available to the Company
and are subject to certain risks and uncertainties that could cause
actual results to differ materially from historical results or
those anticipated. For a discussion of these and other risks and
uncertainties, refer to “Risk Factors” in our most recent Annual
Report on Form 10-K and subsequent Quarterly Reports on Form
10-Q. Should one or more of these risks or uncertainties
materialize adversely, or should underlying assumptions or
estimates prove incorrect, actual results may vary materially from
those described. These events and uncertainties are difficult or
impossible to predict accurately and many are beyond the Company’s
control. The Company assumes no obligation to update any
forward-looking statements to reflect events or circumstances after
the date of such statements or to reflect the occurrence of
anticipated or unanticipated events. |
Daniela Pietsch
AAR Corp
+16302275100
editor@aarcorp.com
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