AAR CORP. has secured a five-year, $1.2 billion contract from the U.S. Navy to provide engine depot maintenance and repairs for the P-8A Poseidon aircraft fleet. This expands AAR’s existing airframe maintenance support for the P-8A, further solidifying its position as a key contributor to the Navy’s operational readiness.
Airinmar, a subsidiary of AAR CORP., has extended its agreement with Singapore Airlines, solidifying its role in providing comprehensive repair cycle management services. This includes streamlining repair orders, cost optimization, and component warranty recovery, further enhancing the airline’s operational efficiency and component availability.
This article highlights key stocks expected to attract investor attention on Tuesday, including earnings reports from AutoZone, AAR Corp, and THOR Industries, along with a private placement announcement from Snowflake. Additionally, KB Home’s earnings release after market close is anticipated.
AAR CORP has been awarded a substantial five-year contract by the U.S. Navy to perform maintenance on its P-8A Poseidon aircraft fleet. This contract, valued at approximately $1.2 billion, underscores AAR’s leading role in commercial derivative airframe maintenance for the U.S. Department of Defense and its commitment to supporting the Navy’s readiness.
This article highlights key stocks to watch on the stock market today, including AAR Corp., ShiftPixy, Red Cat Holdings, iBio, and Uxin Limited, based on their expected earnings reports and recent market movements.
