Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

AAR Corp. (AIR - Analyst Report), one of the top contractors of aerospace, defense products and services in the world, declared that it has been selected by U.S. Transportation Command (USTRANSCOM) to continue its airlift support services for the U.S. Department of Defense operations based in Afghanistan. The renewal of the contract forms a part of the deal awarded to the company in October, 2010, and is valued at $161 million.

According to the terms of the contract, AAR will carry on its services to meet the U. S Military’s Airlift requirement through using two Sikorsky S-92, six Sikorsky S-61, and two Bell 214 ST10 helicopters.

Additionally, the company will continue supporting the U.S. NATO (North Atlantic Treaty Organization) operations in Afghanistan and U.S. Department of Defense engaging its airlift operating entity by providing rotary-wing aircraft as well as fixed-wing support services. The aircraft allocated by AAR are specifically designed to transport personnel, cargo and mail while the support process offers personnel, tools and maintenance services.

The company has already established itself successfully within the U.S. Government and its associates in Afghanistan, serving transport and logistics requirement of the nation’s defense forces. Thus, this renewal option is expected to strengthen the company’s influence within the U.S. Transportation Command and Department of Defense.

Illinois based AAR Corp.'s provides a wide range of high-quality, and cost-effective technical services. The company’s airlift unit is engaged in offering expeditionary airlift and specific aircraft services to assist national security, safety and humanitarian relief operations in various regions. The company competes directly with its peers such as Hexcel Corp. (HXL - Snapshot Report), Rolls Royce Holdings plc (RYCEY) and Lockheed Martin Corporation (LMT - Analyst Report).

We currently hold an Outperform recommendation on the stock. AAR Corp. has a Zacks #2 Rank, implying a short-term Buy rating (1-3 months).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
LAKE SHORE G LSG 0.77 +6.05%
QUESTCOR PHA QCOR 80.07 +2.47%
VIPSHOP HOLD VIPS 156.35 +1.82%
ENLINK MIDST ENLC 36.29 +1.60%
BNC BANCORP BNCN 17.33 +1.58%