AAR selected as distributor for Leach International Corporation supporting OEMs in commercial and military aftermarket (cage code: 58657)
September 12, 2019
WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide,has been selected as the main distributor for Leach International Corporation.
As part of the agreement, AAR OEM Solutions will be stocking, promoting and selling electromechanical and solid state switch gears, such as relays, switches, relay panels and power distribution units to OEMs for new production, commercial airlines and MRO providers, as well as to the military aftermarket, including the U.S. government.
“We are excited to partner with Leach International in support of the Americas region,” said Eric Young, AAR Senior Vice President of OEM Solutions. “AAR will leverage its market reach and promote Leach products technically and commercially, while improving the customer service experience.”
“We are delighted to be partnering with AAR for the distribution of Leach’s industry-leading product line for the aerospace and defense markets,” said Michel Potvin, Leach International Corporation President. “This new partnership comes as Leach celebrates its 100th anniversary this year. I am confident that AAR will help us improve service for our customers and, as an extension of our sales force, support our growth as we look ahead to a promising future over the next 100 years.”
For more information or to order Leach products, please contact AAR-Leach-Distribution@aarcorp.com. All defense-related inquiries can be directed to Leach-Defense-Aftermarket@aarcorp.com.
Leach products are now also available for order on AAR’s PAARTS™ Store at shop.aarcorp.com.
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 two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems operations. Additional information can be found at www.aarcorp.com.
Media contact: Daniela Pietsch, Vice President Corporate Marketing & Communications, at firstname.lastname@example.org 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, including, but not limited to,statements regarding the agreement to establish The Module Factory,AAR’s estimate that it will manage the teardown, repair, marketing and sales of spare parts of FTAI’s CFM56 engine pool totaling over 200 engines and growing, AAR’s ability to leverage its extensive USM capabilities to offer CFM56 serviceable engine material to the global commercial aviation aftermarket, that the partnership positions AAR well to service the growing demand for USM on a leading engine platform as customers increasingly prioritize more cost-efficient solutions, and the belief that serviceable engine products, combined with FTAI’s proprietary products and partnerships, completes its unique suite of CFM56 aftermarket offerings aimed at delivering the lowest cost per cycle solution to airline 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, 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, 2019. 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.