Business

June 19, 2013

AAR to extend airlift support for U.S. Military

AAR announced June 18 that the United States Transportation Command has exercised a renewal option for AAR to provide airlift support in Afghanistan through May 31, 2014.

The option has a value of approximately $98 million and is part of a contract awarded to AAR in June 2010.
The company’s AAR Airlift business will continue to support the requirement using 12 fixed-wing aircraft from its fleet. The Company provides fixed-wing and rotary-wing aircraft, related personnel, equipment and maintenance to transport personnel, cargo and mail for U.S. Department of Defense and NATO operations in Afghanistan.
“We continue to be very proud to serve as the largest independent provider of airlift for the U.S. Government and its allies in Afghanistan as an integral part of our nation’s logistics capability,” said Randy J. Martinez, president and CEO of AAR Airlift Group. “This renewal reflects the dedication and hard work of our pilots and support teams and the confidence they have earned supporting USTRANSCOM and the Department of Defense.”
The mission of USTRANSCOM is to direct deployment, distribution and enabling capabilities in support of national security capabilities and to provide end-to-end process visibility and responsive support of joint U.S. government- and Secretary of Defense–approved multinational and non-governmental logistical requirements.




All of this week's top headlines to your email every Friday.


 
 

 
boeing-ana2

Boeing announces ANA’s commitment to more jetliners

Airline continues fleet modernization with Boeing airplanes Boeing and All Nippon Airways announced Jan. 30 the airline’s intent to purchase three 787-10 Dreamliners to add additional flexibility to the airline’s 787 fleet....
 
 

Demand for airplanes lifts Boeing’s 4Q profit

Boeing’s fourth-quarter profit rose 19 percent as demand for commercial airliners trumped weakness in its defense business. Investors looked past a muted outlook for 2015 earnings and sent the shares to a 52-week high Jan. 28. Chicago-based Boeing and European rival Airbus have prospered as airlines around the world have gone on a shopping spree,...
 
 

Boeing wins $51 million contract to sustain ICBM guidance system

HUNTINGTON BEACH, Calif. – Boeing will provide sustaining engineering support for the guidance system of the Minuteman III intercontinental ballistic missile for the U.S. Air Force, ensuring the safety, security and effectiveness of the nation’s land-based nuclear deterrent, under a recently-awarded $51 million contract. “Since 1958, Boeing has stood alongside the U.S. Air Force to...
 

 

Orbital stockholders approve merger with ATK’s aerospace, defense groups

Orbital Sciences Corporation announced Jan. 27 that at a special meeting, the company’s stockholders voted overwhelmingly to approve the proposed merger with the Aerospace and Defense Groups of Alliant Techsystems Inc., pursuant to the definitive transaction agreement dated April 28, 2014. Approximately 99 percent of the votes cast at the special meeting voted in favor...
 
 

Northrop Grumman, MDA successfully complete command cyber readiness inspection

Northrop Grumman provided invaluable assistance for the U.S. Missile Defense Agency’s Excellent rating from the Command Cyber Readiness Inspection conducted on the Missile Defense Integration and Operations Center networks at Schriever Air Force Base, Colo. The CCRI evaluates a site’s compliance with information assurance and network defense policies and configuration standards for ...
 
 

Raytheon acquires Tucson-based Sensintel, Inc.

Raytheon has acquired privately-held Sensintel, Inc., a leading provider of unmanned aircraft systems solutions to the intelligence and special operations markets. Located in Tucson, Ariz., with approximately 50 employees, Sensintel will become part of Raytheon Company’s Missile Systems business. The transaction is not expected to materially impact Raytheon’s sales or earnings in th...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>