Defense Procurement News

Pasco, Wash - Viper Aircraft is pleased to announce that Bayview Edison Industries; a production, tooling and mold design firm located in Mount Vernon, Washington has been awarded the production contract to create plug tooling for the newest aircraft on the Viperjet flight line - the Viper FanJet.

“We are really looking forward to working with Bayview during the manufacture of plugs for the new Viper FanJet.  They have a wide range of experience and great state-of-the-art facility,”  says Scott Hanchette, president, Viper Aircraft.  He adds, “In designing the next generation aircraft for Viper, one of our main focus efforts was to achieve optimum efficiency in all phases of our manufacturing, allowing each customer-built aircraft to be assembled faster and with relative ease.  This foundation starts with high quality tooling.”

The Viper FanJet is 21% larger than its predecessor, the Viperjet MK II Executive.  The Viper FanJet will accommodate an efficient engine and boasts over 25 cubic feet of baggage area.

To learn more about Viper FanJet aircraft, contact Dan Hanchette at 509.543.3570 or dan@viper-aircraft.com

AAR RECEIVES 10-YEAR CONTRACT TO SUPPORT
HONEYWELL TECHNOLOGY SOLUTIONS INC. AT HILL AIR FORCE BASE

WOOD DALE, ILLINOIS (July 31, 2008) - AAR CORP. (NYSE: AIR) announced today that it has
been awarded a 10-year contract to provide logistics support services to Honeywell Technology
Solutions, Inc. (HTSI). HTSI provides logistics services and depot maintenance support for the
B-2 Spirit stealth bomber and C-130 Hercules aircraft at Hill Air Force Base.
“AAR is very proud to support Honeywell Technology Solutions, Inc. and the U.S. Air Force,”
said Timothy J. Romenesko, AAR’s President and Chief Operating Officer. “This adds to the
growing list of strategic Air Force assets supported by AAR and is a testament to the flexibility
and scalability of AAR’s supply chain management capabilities.”
AAR is a leading provider of products and value-added services to the worldwide aerospace and
defense industry. With facilities and sales locations around the world, AAR uses its close-to-thecustomer
business model to serve aviation and defense customers through four operating
segments: Aviation Supply Chain; Maintenance, Repair & Overhaul; Structures & Systems and
Aircraft Sales & Leasing. More information can be found at www.aarcorp.com.
# # #
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties
that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s May 31, 2008 Form 10-K. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those
described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For
additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission.

Northrop Grumman released a press release on the efficiency of their aircraft, strategically called the KC-45, versus the Boeing 767 tanker. It states that using the formula the USAF developed their aircraft more efficiently delivers fuel then the 767. Boeing, claims Northrop Grumman, had to create their own formula to get a favorable result. If you think about it, the ability to carry more fuel to a certain distance will make up for the fact that you burn more gas to get there. If the requirement is 50K of fuel at 1000 nm range then starting with more fuel will give you more fuel at that range, assuming your airplane has similarly efficient engines. The GAO ruling on the protest should be interesting, and cannot come too soon.

In an action related to previous posts, here and here, it seems that some of the Force Protection shareholders are suing the company and management. The press release is here. Congress has recently made it harder to win these kind of lawsuits as it was felt they had been abused in the past. The crux of the matter is that executives were misleading about the company’s future, and points to DoD reports that contracts to Force Protection had not been awarded properly. This will take some time to work out in the courts. Force Protection has recently struggled to win contracts.

A new report published by Visiongain entitled Sea Strike Weapon forecasts the future of modern warfare as light mobile troops operating independently in littoral areas. The US military is spiraling its capabilities towards sea-based warfare during the

With the 2004 U.S Government's DOD budget set at $379.9 billion (a $15 billion increase on 2003), the defence cuts of the 1990's are a feature of the past. Across all the major defence markets, government defence spending has increased steadily since the

Atlanta-based gospel record company I-66 Entertainment has produced a song and music video entitled "I Pray," dedicated to the U.S. Troops. This heart-felt song and music video will touch the hearts of many regardless

InvestingInWireless.com, an investor news portal for Wireless Technology, is pleased to provide investors with an exclusive report about the opportunities that exist for both companies and investors in this sector. The article provides an overview of

Recent Cumulative Army Orders Validate Company s Leadership Role in Next-Generation Defense Technology

The largest state-of-the-art warfare and technologies conference and exposition on the West Coast is coming to the San Diego Convention Center, February 1 through 3. At West 2005 featured speakers, panel sessions and over 400 exhibitors will address the

As a result of its rapid expansion, SI2 Technologies (SI2), a Massachusetts-based integrated electronics product development company, has relocated its main facility to a larger location in Billerica, Mass.