What Happened
Aerospace Companies Announce New Developments And Contracts
AAR Corp has announced a new corporate structure with four operating segments, including Parts Supply, Repair, Engineering, and Software, and Government Solutions. The company’s Legacy Commercial Programs segment is set to wind down. Meanwhile, Amentum Services has been awarded an $11.5 million contract by the US Air Force for T-6 sustainment. The contract win highlights Amentum’s capabilities in supporting military aircraft. This news was first reported by Aviation Week.