AAR Wins New Award for Airlift Services

Largest commercial airlift provider supporting U.S. operations in Afghanistan lands bid to provide additional support

WOOD DALE, Ill., June 28, 2011 /PRNewswire

AAR  announced today that it has been awarded a task order from the U.S. Transportation Command (USTRANSCOM) to provide airlift support for U.S. Department of Defense operations in Afghanistan. The task order has an initial base period that runs through May 31, 2012 and three one-year renewal options with an estimated total value of $240 million.  AAR was awarded all the work that it bid for this multi-year program.

The task order calls for the renewal of 10 fixed-wing aircraft that the Company currently operates in the region and the addition of two aircraft, scheduled to enter into service October 1, 2011. On Friday, June 24, USTRANSCOM issued an announcement that included funding for the initial base period of approximately $49 million for the 12 aircraft.

"This award reflects the U.S. Transportation Command's confidence in AAR's transportation and logistics capabilities and we are extremely proud to help mobilize and support operations in a variety of austere and challenging environments," said David P. Storch, Chairman and Chief Executive Officer, AAR CORP.

AAR's Airlift Group provides expeditionary airlift services 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.

AAR is a leading provider of products and value-added services to the worldwide aerospace and government and defense industries. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation, government and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Government and Defense Services. More information can be found at www.aarcorp.com.