AAR Integrated Technologies Eligible to Compete on GTACS Contract
Systems integrator part of Harris team selected by U.S. Army for $10 billion ID/IQ
MELBOURNE, Florida – AAR Integrated Technologies, a subsidiary of global aerospace and defense leader AAR (NYSE:AIR), has been granted eligibility to pursue individual task orders as part of a team awarded the Global Tactical Advanced Communications Systems (GTACS) contract from the U.S. Army Program Executive Office Command, Control and Communications-Tactical (PEO C3T).
The team, led by Harris Corporation (NYSE:HRS), was one of 20 selected to compete under a five-year, $10 billion indefinite delivery, indefinite quantity (ID/IQ) multiple-award contract to provide tactical command and control systems, equipment, software, engineering and logistics to support the in-theater battle command needs of the warfighter.
Similar ID/IQ contracts were for services only, but this one is primarily for systems and equipment. Harris is an international communications and technology company focused on products such as radios and radar systems. AAR Integrated Technologies (InTech) is one of a handful of companies on the Harris team that is also a systems integrator.
“We’re a leader in this field and this contract provides us with a vehicle to offer our equipment to support battle command operations for our military,” said Melissa Bosley, General Manager, AAR Integrated Technologies. “InTech uses the latest and the best command and control technology to design solutions for our customers that are lighter, smaller and cheaper. We’re glad to be a part of the Harris team.”
AAR InTech will not compete for every task order but has the capabilities to pursue those focused on networking and communications equipment and infrastructure for both fixed and mobile command centers.
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.
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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.
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