Edition:
United Kingdom

AAR Corp Says DoJ Investigation Related To Airlift's Performance Of Several Contracts


Friday, 13 Jul 2018 

July 13 (Reuters) - AAR Corp ::AAR CORP - ON JULY 11, DISCLOSED THAT U.S. DEPARTMENT OF JUSTICE IS CONDUCTING AN INVESTIGATION OF CO'S UNIT, UNDER FEDERAL CIVIL FALSE CLAIMS ACT.AAR CORP SAYS INVESTIGATION RELATES TO AIRLIFT'S PERFORMANCE OF SEVERAL CONTRACTS AWARDED BY U.S. TRANSPORTATION COMMAND - SEC FILING.AAR - AN ANALYST ISSUED AN UPDATE TO HIS FIRM'S CLIENTS REPORTING CO'S DISCLOSURE OF DOJ INVESTIGATION & CERTAIN STATEMENTS OF THAT ARE NOT ACCURATE.AAR CORP - DOJ INVESTIGATION DOES NOT RELATE TO OPERATIONS PRIOR TO COMPANY'S ACQUISITION OF AIRLIFT BUSINESS IN 2010.AAR CORP - CONDUCTING OWN INVESTIGATION OF MATTERS IDENTIFIED BY DOJ, CURRENTLY UNABLE TO MAKE DETERMINATION AS TO VALIDITY OR MATERIALITY OF MATTERS.AAR CORP - AIRLIFT IS COOPERATING WITH DOJ INVESTIGATION. 

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