July 9, 2010 (FinancialWire) — AAR (NYSE: AIR) said that it has been selected by the U.S. Transportation Command (USTRANSCOM) to provide airlift support services in Afghanistan. The new Short Take Off and Landing (STOL) contract has a duration of one year with four one-year renewal options, and is valued at $24 million per year. Under the new multi-year contract, AAR will transport passengers and cargo for U.S. and Coalition forces using three Dash 8 aircraft that are being leased for the duration of the contract term.

AAR, through its recently acquired Aviation Worldwide Services operating unit, currently supports three other Department of Defense contracts in Afghanistan using 12 fixed-wing and 19 rotary-wing aircraft.

Illinois-based AAR is a provider of products and services to the worldwide aerospace and government/defense industries. The firm serves aviation and government/defense customers through three operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; and Structures and Systems.

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