||United States : AAR Awarded 5-Year $43 Million Spare Parts Contract by DLA
||AAR has been awarded a firm-fixed price indefinite delivery/indefinite quantity (IDIQ) contract by the Defense Logistics Agency (DLA) for aviation spare parts with 1-year base and four 1-year options worth $43,943,819 fully-exercised.
This award is recognition of the significant value that AARs OEM Aftermarket Solutions offer our government partners, said Eric Young, Senior Vice President, AAR. The contract allows AAR to use our expertise in inventory management and government requirements to provide the DLA with more predictable turnaround times for factory-new OEM parts.
AAR OEM Aftermarket Solutions will provide total supply chain management including procurement,distribution and inventory control to support DLA depot and field-level aviation spare parts needs.
This solution is a model government-industry collaboration that will yield significant efficiencies, while providing maximum inventory management and warfighter readiness, said Christopher Gross, Director, Contracts.
AAR is excited to begin executing this contract, which is a catalyst for a strategic shift in our procurement strategy, said David Jonelis, Director, Procurement.
This is the first of many strategic solutions AAR is pursuing to maximize fleet readiness for the U.S. military and its allies, said Timothy Driscoll, Vice President and General Manager, OEM Aftermarket Solutions. Program management and procurement for this contract, as well as inventory supply and management, will be handled via AAR offices and warehouses in Wood Dale, Illinois.
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