AAR signs Memorandum of Understanding with Korean Aerospace Engineering & Maintenance Services for F-16 component maintenance consulting
February 12, 2020
WOOD DALE, Illinois — AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, announced today a Memorandum of Understanding (MOU) to provide consulting services for Korean Aerospace Engineering & Maintenance Services (KAEMS).
The two companies will collaborate to define required capabilities and infrastructure for a new KAEMS facility in South Korea that will provide component maintenance for the Republic of Korea Air Force’s (ROKAF) F-16 fleet. The MOU includes training for KAEMS employees at AAR’s component repair facilities in Amsterdam and New York.
“As an independent maintenance, repair and overhaul provider, specifically for the F-16 platform, AAR is an ideal partner for KAEMS,” said Youn Ki Cho, KAEMS CEO. “Our advantages include a commercial model, skilled workforce and familiarity with the F-16 airframe overhaul.”
“AAR has extensive expertise in component maintenance and the F-16 in specific thanks to our global repair centers,” said Ken Hein, AAR’s SVP Group Operations. “Sharing this expertise with our partners at KAEMS will bring a critical readiness capability to South Korea in direct support of its frontline F-16s.”
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 email@example.com or +1 630-227-5100.
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