AAR CORP. (NYSE:AIR) Files An 8-K Other Events

ME Staff 8-k

8 years ago

AAR CORP. (NYSE:AIR) Files An 8-K Other EventsItem 8.01. Other Events.

On June 12, 2017, the United States Court of Federal Claims (“COFC”) issued a revised scheduling order in the matter of DynCorp International LLC (Plaintiff) v. The United States (Defendant) and AAR Airlift Group, Inc. (Intervenor defendant).

Under the revised scheduling order, the COFC is expected to render a decision on or before October 31, 2017 in this matter relating to DynCorp’s most recent protest of the award of the INL/A Aviation Support Services Contract (the “INL/A Contract”) to AAR Airlift. Previously, the COFC decision was expected on or before August 9, 2017.

The INL/A Contract was awarded to AAR Airlift by the United States Department of State (“DoS”) more than nine months ago on September 1, 2016. DynCorp first protested the DoS award of the INL/A Contract to the United States Government Accountability Office (“GAO”) on September 11, 2016, subsequently supplemented by four additional protests. The GAO denied or dismissed DynCorp’s protests on December 20, 2016. Following the GAO’s action, DynCorp next commenced the COFC proceeding by filing a Bid Protest Pre-Filing Notice with the COFC on December 23, 2016, seeking to overturn the DoS award of the INL/A Contract to AAR Airlift.

AAR Airlift Group, Inc., a wholly-owned subsidiary of AAR CORP (NYSE: AIR), believes that DynCorp’s protest with the COFC is the latest in a series of meritless filings intended to delay the INL/A contract award to AAR Airlift and allow DynCorp to continue to remain in place as the incumbent contractor.

About AAR CORP. (NYSE:AIR)
AAR CORP. (AAR) is a provider of services and products to the commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities. Its services and products include aviation supply chain and parts support programs; MRO of aircraft and landing gear; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services; aircraft modifications, and aircraft and engine sales and leasing. It serves commercial, defense and governmental aircraft fleet operators, original equipment manufacturers and independent service providers around the world. Its landing gear overhaul facility is in Miami, Florida, where it repairs and overhauls landing gear, brakes and actuators for various types of commercial and military aircraft.