AAR commences exclusive commercial distribution agreement with TRIUMPH
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has begun executing on its exclusive commercial distribution agreement with TRIUMPH.
Originally announced in April of 2024, AAR is now the exclusive distributor of TRIUMPH’s commercial actuation product line, which includes more than 100 top-level assemblies and their subcomponents used on various Boeing and Airbus commercial platforms.
This OEM distribution relationship complements AAR’s existing product offerings and customer base, while TRIUMPH benefits from AAR’s services and robust global sales force’s efficient delivery of inventory to customers.
“We are pleased to kick off this eagerly anticipated expansion of AAR’s offerings to the commercial aftermarket on key Boeing and Airbus platforms,” said Frank Landrio, AAR’s Senior Vice President of Distribution. “AAR’s proven support of commercial airlines and MRO customers through our global distribution network make this a valuable offering for the market, especially given TRIUMPH’s reputation for quality.”
For more information on AAR’s new parts Distribution activities, part of the Company’s Parts Supply segment, visit https://www.aarcorp.com/en/products/distribution/.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.
About TRIUMPH
TRIUMPH, headquartered in Radnor, Pennsylvania, designs, develops, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems and components. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.
This press release may contain 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, reflecting management’s expectations about future conditions, including anticipated activities and benefits under the agreement. 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 management, as well as assumptions and estimates based on information currently available to management 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 AAR CORP.’s 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 management’s control. Management 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.
Contact
Media Team
+1-630-227-5100
Editor@aarcorp.com
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