WOOD DALE, Ill., March 18, 2019 /PRNewswire/ -- AAR (NYSE:
AIR), a leading provider of aviation services to commercial
airlines and governments, received notification from the
Department of State awarding the company a new site under the
Worldwide Aviation Support Services (WASS) program. Under the task
order, the new site in Costa Rica
will provide host nation aviation training.
"The WASS program continues to perform very well, and we are
excited to expand our support of the Department of State with this
new site," said John Holmes, AAR
President & Chief Executive Officer. "We remain focused on
delivering world-class support to the WASS program and look forward
to providing an exceptional service as the scope of this important
program continues to grow."
AAR was originally awarded the single award
indefinite-delivery/indefinite-quantity (IDIQ) contract in
September of 2016.
About AAR
AAR is a global aerospace and defense
aftermarket solutions company that employs more than 6,000 people
in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and
government customers through two operating segments: Aviation
Services and Expeditionary Services. AAR's Aviation Services
include parts supply; OEM solutions; integrated solutions;
maintenance, repair, overhaul; and engineering. AAR's Expeditionary
Services include mobility systems and composite manufacturing
operations. Additional information can be found
at www.aarcorp.com.
This press release
contains certain statements relating to future results, which are
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on beliefs of Company management, as well as
assumptions and estimates based on information currently available
to the Company, and are subject to certain risks and uncertainties
that could cause actual results to differ materially from
historical results or those anticipated, including those factors
discussed under Item 1A, entitled "Risk Factors", included in the
Company's Form 10-K for the fiscal year ended May 31, 2018. Should
one or more of these risks or uncertainties materialize adversely,
or should underlying assumptions or estimates prove incorrect,
actual results may vary materially from those described. These
events and uncertainties are difficult or impossible to predict
accurately and many are beyond the Company's control. The Company
assumes no obligation to update any forward-looking statements to
reflect events or circumstances after the date of such statements
or to reflect the occurrence of anticipated or unanticipated
events. For additional information, see the comments included in
AAR's filings with the Securities and Exchange
Commission.
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SOURCE AAR