AAR CORP. | Press Releases

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AAR NAMED WORLDWIDE DISTRIBUTOR FOR ADS TRANSICOIL AAR To Distribute Complete Line of Products for Leading Commercial Aerospace Aftermarket Manufacturer WOOD DALE, ILLINOIS (January 13, 2011) — AAR Distribution has been selected as the exclusive distributor in North America and Asia for ADS/Transicoil, a leading aftermarket manufacturer of custom avionics, LCD displays and motion control products for the commercial aerospace market. AAR Distribution, which operates as part of the company’s Allen Asset Management division, provides a variety of inventory management and related services to the commercial aviation marketplace. Under terms of the distribution agreement, AAR will distribute for ADS/Transicoil’s complete line of aftermarket avionics equipment, liquid crystal displays (LCD) and motion control products. ADS/Transicoil’s products support a wide range of aircraft platforms and models, including aircraft manufactured by Boeing, Airbus, Embraer, Gulfstream and others. The company is also a sole-source supplier to major tier-one and tier-two suppliers including Honeywell Aerospace, Rockwell Collins, Thales Aerospace and GE Aviation. “This distribution agreement complements the strengths of both companies in serving the aircraft systems and components needs of commercial aviation customers around the world, said John Holmes, Vice President and General Manager of AAR Allen Asset Management. “Combined, ADS/Transicoil’s best-in-class avionics, displays and motion control product lines and AAR’s distribution and supply chain expertise will enable us to more effectively support our mutual customer base.” About AAR Operating as part of AAR Allen Asset Management, AAR Distribution is a global provider of highly engineered mechanical and electronic aircraft systems and components. AAR is a leading provider of value-added products and services to the worldwide aerospace and government/defense industries. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and government/defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Government and Defense Services. More information can be found at www.aarcorp.com.
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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, 2010 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 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.