April 06, 2016
AAR to Distribute Defense Parts for UTC Aerospace Systems
Inventory to support Japanese military aircraft in Japan
WOOD DALE, Illinois – AAR (NYSE: AIR), among the world’s leading providers of aftermarket aircraft parts and inventory support, as well as new OEM components, has entered into an agreement with UTC Aerospace Systems, one of the world’s largest suppliers of technologically advanced aerospace and defense products, to manage distribution requirements and to stock inventory of defense parts in support of Japanese military aircraft In Japan.
For AAR, the multi-year distribution agreement covers environmental and engine controls, electric systems, and actuation and propeller systems that support military aircraft platforms including F-15, AWACS, E-2C and C-130. This agreement represents a significant expansion of AAR’s relationship with UTC Aerospace Systems, as well as its parts and inventory support of foreign military customers from its global supply chain. The deal builds upon AAR’s existing business in the Japanese military segment. In recent years, AAR has been selected as the exclusive supplier of Auxiliary Power Unit (APU) and Jet Fuel Starter (JFS) parts and accessories for certain military aircraft operating in the region.
“Our number one priority is delighting our customers and meeting their needs as effectively as possible with the best aftermarket solutions and service,’’said Ajay Agrawal, UTC Aerospace Systems Vice President of Aftermarket. “We are pleased to work with AAR to help meet the critical needs of the Japanese military segment.”
“As an independent provider of aviation aftermarket services, relationships with OEMs like UTC Aerospace have become important to our growth strategy and expands the value operators receive as part of our aftermarket support solutions,” said John Holmes, Chief Operating Officer, AAR Aviation Services.
AAR serves customers in more than 100 countries from sales and service locations in Singapore, Japan, China, Abu Dhabi and Australia, as well as the U.S., UK, France and Germany, so customers get the right part at the right time.
About AAR
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
Contact
Media Team
Corporate Marketing & Communications
+1-630-227-5100
Editor@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 Form 10-K for the fiscal year ended May 31, 2018. 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 update 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.
Related news
See all
April 03, 2025
AAR completes sale of Landing Gear Overhaul business
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has completed the divestiture of its non-core Landing Gear Overhaul business to GA Telesis for $51 million.
April 02, 2025
AAR named Top Shop for Best Total Solutions Provider Repair by The145.com
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, is proud to announce it has been named a Top Shop for Best Total Solutions Provider Repair by The145.com. Top Shop awards are presented to maintenance, repair, and overhaul facilities that strive to consistently deliver unmatched quality and seamless customer support. The Best Total Solutions Provider Repair is awarded to the company that offers the best full suite of comprehensive, high-quality solutions and nose-to-tail life cycle services for its customers’ specific needs.
March 31, 2025
AAR earns Great Place To Work Certification
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced it has been Certified™ by Great Place To Work®. The prestigious award is based entirely on what current employees say about their experience. At AAR, 72% of employees said it’s a great place To Work – 15 points higher than the average U.S. company.
