July 19, 2012
AAR Lightweight Multipurpose Shelter (LMS) Approved by U.S. Army
New product features innovative design and advanced manufacturing technology
CADILLAC, MICHIGAN — AAR, (NYSE: AIR), announced today that the U.S. Army has approved AAR’s Lightweight Multipurpose Shelter (LMS) manufactured by AAR’s Mobility Systems division. The product passed first article testing, a critical milestone in the production and delivery of the shelter systems.
LMS shelters are the primary platform the Army uses to house and operate command and control equipment for situational awareness and tactical support in various theaters of operation.
“We are very pleased that our design and manufacturing processes for our LMS have been further tested and validated. This demonstrates our manufacturing innovation capability and our commitment to meet our customer’s requirements,” states Lee Krantz, Vice President/General Manager of AAR Mobility Systems.
The US Army, via RDECOM Contracting Center, Natick Contracting Division, previously awarded AAR Mobility Systems a five-year IDIQ contract valued at $14 million to manufacture three variations of the LMS. The LMS variants include the Type I (Electromagnetic Interference (EMI) shielded), Type III (EMI shielded with tunnel), and Type V (Non-EMI shielded with double rear doors).
AAR was awarded the competitively procured contract based upon its demonstrated experience, proven capabilities, and innovative ASTM-compliant design solution, which features a multi-panel design vs. the traditional folded two-panel design, manufactured using advanced friction stir welding techniques.
Friction Stir Welding (FSW) enables metals to be bonded in their natural state, without melting or the use of studs, or fasteners. The result is a stronger, lighter weight shelter that is EMI capable, providing added value, isolation and protection for critical in-theater military and defense equipment. AAR is the first U.S. manufacturer of aerospace and defense products to use friction stir welding technology in the development and production of multipurpose mobility structures.
“Through this innovative manufacturing process, AAR improved the design and durability of these critical defense structures while meeting weight requirements,” Krantz added, “We believe friction stir welding is a breakthrough approach to building these shelters and represents the future in welding and lightweight design. It is another way AAR remains committed to leading innovation in the industry.”
Through its Mobility Systems operating unit, AAR has built a reputation as a leading provider of mobility products to the government and defense industries. AAR Mobility Systems designs, manufactures, and supports a wide variety of rapid deployment equipment and air-mobile expeditionary systems.
About AAR
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
Contact
Media Team
Corporate Marketing & Communications
+1-630-227-5100
Editor@aarcorp.com
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2018. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission.
Related news
See all
July 24, 2024
AAR and Ontic expand relationship with multiple long-term distribution agreements
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed multiple long-term distribution agreements with Ontic that expand the companies’ existing defense and commercial partnerships and enhance service offerings for the U.S. government and worldwide commercial customers.
July 22, 2024
AAR awarded on TIME’s America’s Best Mid-Size Companies 2024 list
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded on TIME’s inaugural list of America’s Best Mid-Size Companies 2024.
July 18, 2024
AAR reports record fourth quarter and fiscal year 2024 results
Wood Dale, Illinois, July 18, 2024 — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported fourth quarter fiscal year 2024 consolidated sales of $656.5 million and income from continuing operations of $9.1 million, or $0.26 per diluted share. For the fourth quarter of the prior year, the Company reported sales of $553.3 million and income from continuing operations of $23.2 million, or $0.66 per diluted share. Our adjusted diluted earnings per share from continuing operations in the fourth quarter of fiscal year 2024 were $0.88, compared to $0.83 in the fourth quarter of the prior year.
