AAR Corp to Support AMMROC MRO Facility Design in UAE
AAR Corp. (AIR) has been selected by Advanced Military Maintenance Repair and Overhaul Center (:AMMROC) to support the design of AMMROC’s new Maintenance, Repair and Overhaul (MRO) facility located in Al Ain, UAE.
AMMROC is a joint venture between Mubadala Development Company, Sikorsky and Lockheed Martin Corp. (LMT). It was formed in 2010 and its key customers include GHQ and UAE Armed Forces. It provides MRO services to South Asia, North Africa and the Middle East.
This new MRO facility will house over 40 different varieties of military aircraft spread across an area of 1.2 million square feet.
AAR Corp. will design the support areas including work areas and special process shops for the MRO facility. The company has earned a reputation for enhancing operational efficiency in the projects it has undertaken. Moreover, its commitment of delivering value to customers through its wide range of customer-centric services is commendable.
Illionis-based AAR Corp. has been providing training on aircraft components, hydraulics and avionics since 1999. It has worked with the U.S. Department of Defense and the governments of Singapore, South Korea and Egypt. Inventory management, aircraft maintenance repair, and overhaul and parts distribution are some of the services provided by the company.
AAR Corp. currently holds a Zacks Rank #4 (Sell). Better-ranked stocks in the same industry include Rockwell Collins Inc. (COL) and Spirit AeroSystems Holdings, Inc. (SPR). While Spirit AeroSystems holds a Zacks Rank #1(Strong Buy), Rockwell Collins holds a Zacks Rank #2 (Buy).
Read the Full Research Report on COL
Read the Full Research Report on AIR
Read the Full Research Report on SPR
Read the Full Research Report on LMT
Zacks Investment Research
