The U.S. Navy has awarded indefinite-delivery/indefinite-quantity contracts with a combined ceiling of $1.21 billion to AAR Government Services (NYSE: AIR) and StandardAero for the maintenance and repair of the P-8A Poseidon aircraft.
Under each firm-fixed-price, time-and-materials IDIQ, the contractors will perform depot-level engine maintenance, repair, overhaul and field assessment and repair in support of the aircraft used by the Navy, Royal Australian Air Force and foreign military sales customers, the Department of Defense said Thursday.
AAR Government Services will work in Atlanta, Georgia, and Wood Dale, Illinois, while Standard Aero will work in Winnipeg, Canada, and San Antonio, Texas.
The IDIQ is expected to be completed in September 2029.
Naval Air System Command serves as the contracting activity.
Earlier, the Navy announced contracts with AAR and L3Harris Technologies (NYSE: LHX) for theP-8A Poseidon maintenance and other support services.
