NYSE:AIRAerospace & Defense
AAR’s New Air Force Contract Adds Longer Term Government Revenue Visibility
AAR Manufacturing LLC, a unit of AAR Corp. (NYSE:AIR), has been awarded a long term contract with the U.S. Department of War.
The agreement covers repair of the 463L Legacy Cargo Pallet system for the U.S. Air Force through 2031.
The contract extends AAR’s government services work beyond its existing commercial-focused operations.
For investors watching NYSE:AIR at a current share price of $105.64, this contract adds a fresh data point to an already strong share price run, with the stock up...