AAR Government Services Awarded $305.67M Contract
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 hours ago
0mins
Should l Buy AIR?
AAR Government Services was awarded $305.67M firm-fixed-price indefinite-delivery/indefinite-quantity contract to provide contractor logistics support for the Navy and Marine Corps C-40A fleet to ensure the operational capabilities for the use and sustainment of the aircraft These efforts include main operating base logistics and material support; field team and detachment support; scheduled and unscheduled depot level aircraft and component maintenance, modification, and repair; commercial line maintenance; and scheduled and unscheduled organizational level and depot level support equipment maintenance, modification, and repair. Work is expected to be complete by March 2031. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract was competed; four offers were received. Naval Air Systems Command is the contracting activity.
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Analyst Views on AIR
Wall Street analysts forecast AIR stock price to fall
6 Analyst Rating
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 109.460
Low
99.00
Averages
106.80
High
121.00
Current: 109.460
Low
99.00
Averages
106.80
High
121.00
About AIR
AAR CORP. is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. The Company supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Parts Supply segment primarily consists of its sales of used serviceable material, including aircraft, engine and airframe parts and components and distribution of new parts. Repair & Engineering segment primarily consists of its maintenance, repair, and overhaul (MRO) services across airframes and components. Integrated Solutions segment primarily consists of its fleet management and operations of customer-owned aircraft, customized performance-based supply chain logistics programs and others. Expeditionary Services segment primarily consists of products and services supporting the movement of equipment and personnel by the United States and foreign governments and non-governmental organizations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Multi-Location Execution: The work will be performed across multiple U.S. locations and is expected to be completed by March 2031, indicating AAR's capability to handle complex logistics support tasks effectively.
- Competitive Bidding: The contract was awarded after competing against four bids, reflecting AAR's strength and recognition in the industry, potentially laying the groundwork for future contract acquisitions.
- Flexible Funding Arrangement: No funds will be obligated at the time of award, allowing AAR to maintain financial flexibility and reduce initial funding pressure, which is strategically beneficial for managing cash flow.
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- Multi-Location Execution: The work will be performed across multiple U.S. locations and is expected to be completed by March 2031, indicating AAR's capability to handle complex logistics support tasks effectively.
- Competitive Bidding: The contract was awarded after competing against four bids, reflecting AAR's strength and recognition in the industry, potentially laying the groundwork for future contract acquisitions.
- Flexible Funding Arrangement: No funds will be obligated at the time of award, allowing AAR to maintain financial flexibility and reduce initial funding pressure, which is strategically beneficial for managing cash flow.
See More
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- Jet Fuel Price Impact: The airline is facing a significant 62% increase in jet fuel prices since February, which typically affects profitability.
- Industry Profit Estimates: There has been a general reduction in profit estimates across the airline industry, yet Delta's stock remains relatively stable.
- Unusual Market Behavior: The current performance of Delta's stock is noted as unusual for the airline industry, which is typically more volatile.
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