AAR Mobility Systems awarded $11.9 million sole-source firm-fixed-price (FFP) contract from the US Army Contracting Command, Detroit Arsenal, Michigan to produce Lightweight Multi-Purpose ...
AAR Corp. (AIR)
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Source: GlobeNewswire
Cadillac, Michigan, April 15, 2020 (GLOBE NEWSWIRE) -- AAR’s (NYSE: AIR) Mobility Systems division, a leading global supplier of rapid deployment equipment, has been awarded a sole-source firm-fixed-price (FFP) contract from the US Army to produce three variants of Lightweight Multipurpose Shelters (LMS). These shelters will be manufactured at AAR Mobility Systems in Cadillac, Michigan. The sole-source firm-fixed-price (FFP) contract with AAR Mobility Systems is for five years for an estimated value of $11.9 million. This contract provides the US Army with a direct method for procuring three variants of LMS shelters for requirements to support multi-domain warfare operations. The products are designed to support Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) and other operations while being vehicle mounted. “AAR Mobility Systems is proud to continue providing this critical capability to support the warfighter. This sole
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AIR
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- AAR Corp. (NYSE: AIR) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $75.00 price target on the stock.MarketBeat
- AAR (AIR) Down 6.6% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
AIR
Earnings
- 9/23/24 - Miss
AIR
Sec Filings
- 11/8/24 - Form SC
- 10/18/24 - Form SC
- 10/17/24 - Form SC
- AIR's page on the SEC website