AAR Mobility Systems Awarded Contract From The Defense Logistics Agency Troop Support To Produce Specialized Shipping/Storage Containers

AAR (NYSE:AIR) Mobility Systems has been awarded a sole-source Indefinite Delivery/Indefinite Quantity (IDIQ) contract to produce specialized shipping/storage containers and accessories. The containers and accessories

Benzinga · 01/17/2020 21:30

AAR (NYSE:AIR) Mobility Systems has been awarded a sole-source Indefinite Delivery/Indefinite Quantity (IDIQ) contract to produce specialized shipping/storage containers and accessories. The containers and accessories will be manufactured in Cadillac. The sole-source IDIQ contract with the Defense Logistics Agency Troop Support in Philadelphia includes a two-year base period, with an option to extend thereafter for three additional years, for an estimated value of $90 million.