July 01, 2021
AAR signs agreement with Druck, a Baker Hughes business, for global AOG support
Wood Dale, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an agreement with Druck, a Baker Hughes business, to offer global aircraft-on-ground (AOG) support for a range of engine pressure sensors. This service will be performed through AAR´s customer support team and worldwide warehouses network.
Complementing existing solutions provided to AAR’s client base, this multi-year agreement will prevent parts supply delays and provide customers with immediate access to pressure measurement technology. Druck sensors will be used to support applications such as: hydraulics; environmental control systems; fuel monitoring; auxiliary power unit operations; engine measurement; air data measurement; and cabin pressure.
“We are excited to add Druck´s pressure sensors to our portfolio to enhance our existing AOG solutions for customers,” said Darren Spiegel, AAR Vice President and General Manager OEM Solutions. “The AAR AOG team already supports a global customer base with parts supply and the addition of Druck’s industry leading pressure sensors will complement our existing sensor and LEAP product offering.”
“Druck has supplied more than 500,000 sensors to the aerospace sector providing unrivalled levels of accuracy and reliability across pressure measurement applications,” said Gordon Docherty, Druck Vice President. “Working in partnership with AAR provides our customers with seamless access to our pressure sensor technology, helping optimize operations.”
For more information on AAR MRO Services, visit aarcorp.com/mro/
About Baker Hughes
Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
About Druck
Druck, a Baker Hughes business, is a global technology company that designs, develops and manufactures the highest quality, most accurate and reliable customized pressure sensing devices and instruments, software and services. Druck leverages innovation, continuous improvement and unprecedented quality, to improve customers’ performance, providing them with peace of mind in the toughest environments. Headquartered in Groby, Leicester in the UK, Druck employs more than 800 staff at sites in the UK, Hungary, France, India, China and the U.S.
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.
Media contact: Daniela Pietsch, Vice President Corporate Marketing & Communications, at editor@aarcorp.com or +1 630-227-5100.
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 which reflect management’s expectations about future conditions, including thatthis multi-year agreement will prevent delays in supply and provide customers with immediate access to pressure measurement technology, and the addition of Druck’s industry leading pressure sensors will be welcomed by our customers. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. 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. For a discussion of these and other risks and uncertainties, refer to “Risk Factors” in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. 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.
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