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AAR Awarded $305 Million Follow-on C-40A Contract for U.S. Navy and Marine Corps - AAR (NYSE:AIR)
The firm-fixed-price IDIQ award covers logistics, maintenance, modification and repair services to keep the C-40A fleet mission-ready, AAR said.
- On Tuesday, April 14, 2026, AAR CORP announced it secured approximately $305 million contract to provide logistics support for the United States Navy and Marine Corps C-40A fleet through a firm-fixed-price indefinite-delivery/indefinite-quantity agreement.
- AAR's momentum stems from recent government contract wins; the company previously secured up to $450 million in U.S. Air Force pallet contracts through 2032, demonstrating sustained performance in defense logistics.
- The contract encompasses main operating base logistics, field teams, depot and organizational maintenance, commercial line maintenance, and support equipment work to ensure the C-40A fleet's continued operational readiness and long-term sustainment.
- Senior Vice President of Integrated Solutions Nicholas Gross stated, "AAR has ensured the United States' C-40A fleet is ready to meet global mission demands," while AIR stock gained 2.43% on the announcement.
- An upcoming May 12, 2026 Investor Day will showcase AAR's strategic focus on government aviation support, reinforcing the company's positioning in defense logistics alongside this follow-on C-40A contract award.
17 Articles
17 Articles
Waterloo Cedar Falls Courier
AAR awarded $305 million follow-on C-40A contract for U.S. Navy and Marine Corps
WOOD DALE, Ill., April 14, 2026 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today the Company was awarded an approximately $305 million contract to provide contractor…
AAR awarded $305 million follow-on C-40A contract for U.S. Navy and Marine Corps - AAR (NYSE:AIR)
WOOD DALE, Ill., April 14, 2026 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today the Company was awarded an
AAR secures US$305m US Navy C-40A support deal
AAR CORP has been awarded a contract worth approximately US$305 million to provide contractor logistics support for the United States Navy and Marine Corps C-40A fleet. AAR’s support will ensure the aircraft’s continued operational readiness and long-term sustainment, reinforcing their ability to meet mission requirements. The firm fixed-price, indefinite-delivery/indefinite-quantity contract covers main operating base logistics and materiel sup…
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