10-Year Hybrid Contract Valued at up to $25.5 Billion
AAR Corporation announced on 17 April that it is one of six awardees on the competitively-awarded Worldwide Logistics Support Services – Contractor Logistics Support (WLSS-C) indefinite delivery, indefinite quantity (IDIQ) contract to support US Army aviation. The contract has one five-year base period with one five-year option period, for a total potential value of $25.5 billion.
The 10-year hybrid (cost-plus-fixed-fee and firm-fixed-price) contract covers for aircraft and support equipment maintenance, minor modification and supply chain management. The work will be primarily performed outside the continental United States in support of US Army operations.
“We are exceptionally proud to be selected for this award, and our team is honoured to have the opportunity to provide world-class support to the Army in the coming years,” commented AAR’s Senior Vice President of Government Programmes, Nicholas Gross. AAR. “This award is an important part of AAR’s strategy to grow and diversify our already strong portfolio of international aircraft maintenance and supply chain operations.”