AAR Corp. (NYSE: AIR) announced it received an approximately $305 million contract to provide contractor logistics support for the United States Navy and Marine Corps C-40A fleet, according to a company statement.

The firm-fixed-price indefinite-delivery/indefinite-quantity contract encompasses main operating base logistics and material support, field team and detachment support, scheduled and unscheduled depot level aircraft and component maintenance, modification and repair, commercial line maintenance, and support equipment maintenance.

"AAR has ensured the United States' C‑40A fleet is ready to meet global mission demands," said Nicholas Gross, AAR's Senior Vice President of Integrated Solutions. "We are proud to extend that commitment, applying our expertise and scalable, cost‑effective solutions so our government partners can operate with confidence, agility, and unwavering effectiveness."

The Wood Dale, Illinois-based company describes itself as a provider of aviation services to commercial and government operators, maintenance, repair and overhaul facilities, and original equipment manufacturers. AAR operates in over 20 countries through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services.

The contract represents a follow-on agreement for AAR's continued support of the military aircraft fleet's operational readiness and sustainment capabilities.