AAR Receives Notice of Contract Protest for Airlift Services in Africa

AAR AIR announced today that the Company has received notice of a protest of a contract awarded by the U.S. Transportation Command (USTRANSCOM) to AAR Airlift for fixed-wing airlift support in Central Africa. The Company announced the contract award, valued at approximately $23 million in revenue, on December 2, 2013.

The Company believes that USTRANSCOM made the correct decision in selecting AAR Airlift after careful consideration of the requirements of the RFP and the quality of its technical solution and past performance.