AAR to Highlight Expanded Presence in the Middle East at Dubai Airshow
November 5, 2015
Aerospace, defense contractor to showcase diverse Aviation and Expeditionary Services
JEBEL ALI, Dubai, November 5, 2015 – AAR, an industry-leading provider of aviation services to commercial airlines, OEMs and governments, will highlight at the Dubai Air Show its expanded global presence in the Middle East, Europe and Africa, and its broad portfolio of aviation services, including commercial aircraft MRO; supply chain; inventory management and component repair for commercial and government customers; and fixed- and rotor-wing Airlift support for government and defense customers.
Media are invited to stop by Booth #1416, where they will find a deep bench of experts from AAR’s operations worldwide able to discuss global trends in aircraft MRO; translating best commercial practices into cost savings for government and military customers (see AMMROC below); spare parts supply and component repair and management (see Airinmar); expeditionary airlift support and more.
Increased Presence in the Middle East
Over the past year, AAR has expanded its supply chain, Airlift and award-winning MRO offerings in regions where both military and commercial fleets are growing. The Company recently relocated its Middle East office to the World Trade Center in Abu Dhabi. Whether a customer needs MRO advisory services, component management or mission operations and equipment, AAR has the experience and know-how to get the job done having been in business for more than 60 years.
"AAR’s diverse portfolio of capabilities and broad experience in commercial and defense allows us to customize solutions for customers that add value, reduce costs and give them a competitive edge," said Rahul Shah, Senior Vice President, Strategic Growth and Business Development, Asia Pacific, Middle East & Africa. "We’re proud of our reputation as an industry leader and are excited to expand our relationships in the Middle East."
AAR Serving as Technical MRO Advisor to AMMROC
Late last year, AAR announced it had been selected by AMMROC (Advanced Military Maintenance Repair and Overhaul Center) LLC, the Abu Dhabi–based joint venture between Mubadala Development Company, Sikorsky and Lockheed Martin, to support the design, outfitting and integration of key areas of AMMROC’s state-of-the-art facility in Al Ain, UAE. AMMROC awarded AAR a $38.6 million contract to design support areas including hangars, work areas, and machine and special processes shops for this military maintenance center. "We chose AAR to support us as we develop this world-class facility because of their experience and expertise in this area," said Fahed Al Shamesi, CEO of AMMROC. Shah and Bob Sopp, Senior Vice President, Aircraft Component Services, can speak to reporters about AAR’s expansion in the Middle East and the AMMROC award, specifically.
Airlift Services: AAR Airlift Looks to Expand in the Region
AAR’s Airlift Group conducts missions for the United States and its allies. Airlift has contracts with the U.S. Department of Defense in Afghanistan, Africa and Iraq, and recently won extension of a contract with Military Sealift Command to perform vertical replenishment (VERTREP) services for the U.S. Navy’s 5th and 7th Fleets in the Mediterranean Sea, Arabian Gulf and Indian Ocean. In the past year, Airlift has expanded its capabilities by winning a contract with the UK Ministry of Defence to apply its experience in search and rescue operations in the Falkland Islands. The $275 million, 10-year contract demonstrates the trend to commercialize previously direct military operations to increase efficiency and decrease costs. Randy Martinez, AAR’s Corporate Vice President of Strategy and Business Development, is available to speak to reporters about AAR’s Airlift division and recent awards and trends.
AAR Defense Systems & Logistics Active in the Region
AAR’s Defense Systems & Logistics (DSL) division provides comprehensive supply chain management solutions to the U.S. government and its allies for fleets including the U.S. Air Force KC-10, the UK’s BAe 146 and 125; and Japanese MoD Hawkeye E-2C. AAR contracts in the region include National Guard Training Helicopter Fleet Sustainment for the Kingdom of Saudi Arabia and U.S. Army Medical Logistics in Qatar. In July, AAR was awarded a five-year, $72 million Complete Logistics Support (CLS) Foreign Military Sales (FMS) contract to sustain a fleet of C-130H aircraft on behalf of the Afghan Air Force. Under the contract with the U.S. Air Force, AAR will provide all operational, maintenance, logistics and technical functions needed to support and sustain fleet readiness requirements within Afghanistan. Jay Pereira, Vice President, Defense Systems & Logistics, can speak to recent business activities related to DSL.
AAR Supply Chain, Component Repair & Parts Supply
AAR provides supply chain management including AOG and 24-hour power-by-the-hour support for Middle Eastern customers serviced from its warehouse in Brussels. It also provides component repair from a facility in Amsterdam and component repair management via Airinmar, an AAR subsidiary based in Berkshire, England. AAR’s global warehouse network also includes hubs in Chicago, Singapore, Amsterdam and Germany. The Company serves customers in more than 100 countries from sales and service locations in the U.S., UK, France, Germany, Singapore, Japan, China, Australia and Abu Dhabi. Paul Richardson, Vice President of Aviation Supply Chain, Europe, and Carl Glover, Vice President, Engine Parts Supply, each are experts in engine and parts supply and can speak with reporters.
World’s Third Largest Independent MRO
AAR’s 1MRO network, including airframe maintenance, technical and engineering capabilities, is the largest independent MRO in the Americas and the third-largest worldwide. AAR recently won the ATE&M award for Best Airframe MRO Provider Worldwide for the third time in the last four years. Company leaders John Holmes, Chief Operating Officer of Aviation Services, and Chris Jessup, Chief Commercial Officer, will be in attendance and able to speak to AAR’s commercial best practices and industry trends.
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.
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, 2015. 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.