AIR
AAR awarded $305 million follow-on C-40A contract for U.S. Navy and Marine Corps
Article Summary
BUY- AAR CORP. (NYSE: AIR) announced today AAR was awarded approximately $305 million contract to provide contractor logistics support for U.S.
- Navy and Marine Corps C-40A fleet, with AAR's support ensuring aircraft's continued operational readiness and long-term sustainment reinforcing ability to meet mission requirements.
- The firm-fixed-price indefinite-delivery/indefinite-quantity contract includes 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 unplanned organizational level and depot level support equipment maintenance and repair.
- AAR has ensured the United States' fleet is ready to meet global mission demands, applying expertise and scalable, cost-effective solutions so government partners can operate with confidence, agility, and unwavering effectiveness.
- The company supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 16.9% | 25% | 60.0 ptsModerate (16.9%) - Decent growth |
| EPS Growth Next 5Y ? | 19.1% | 25% | 50.0 ptsMeets Minimum (19.1%) - Passes screener |
| Target Price Upside ? | 4.0% | 20% | 20.0 ptsMinimal Upside (4.0%) - Target: $131.00 vs Current: $125.99 |
| Gross Margin % ? | 19.0% | 15% | 20.0 ptsThin (19.0%) - Low-margin business |
| Drawdown from 52-Wk High ? | 1.2% | 15% | 20.0 ptsBarely a Dip (1.2%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
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Past performance does not guarantee future results.
About AIR
- AAR Corp. provides products and services to commercial aviation, government, and defense markets in North America, Europe, Africa, Asia, and internationally.
- It operates through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services.
- The company leases and sells aircraft components and replacement parts; and designs, manufactures, and repairs transportation pallets.
- The company also provides airframe maintenance services, such as airframe inspection, painting services, line maintenance, airframe modifications, structural repairs, avionics service and installation, exterior, and interior refurbishment services; component repair services, including maintenance, repair, and overhaul services, engine and airframe accessories, and interior refurbishment; and engineering services, such as integration, certification and procurement.
- In addition, it develops aircraft components and parts; designs proprietary designated engineering representative repairs; and provides integrated software solutions comprising Trax, a cloud-based electronic enterprise resource platform, as well as a suite of paperless mobility apps for automating workflows.
- Further, the company engages in the fleet management and operation of customer-owned aircraft; provision of supply chain logistics services, such as material planning, sourcing, logistics, information and program management, and parts and component repair and overhaul services, as well as engineering, design, and system integration services for specialized command and control systems; and flight hour component inventory and repair services.
- Additionally, it offers containers and shelters for military and humanitarian tactical deployment activities; and shelters, such as stationary and vehicle-mounted applications.
- AAR Corp. was founded in 1951 and is headquartered in Wood Dale, Illinois.