AAR to Showcase Easy Access to OEM Factory-New Parts at Seoul ADEX 2017
October 16, 2017
Aviation supply chain company continues to grow inventory for military aircraft platforms
SEOUL, South Korea, October 16, 2017 – AAR, an independent provider of aviation services and aftermarket solutions to OEMs, government and defense customers worldwide, arrives for the first time at the Seoul International Aerospace and Defense Exhibition (Booth #A65 in the Americas Pavilion) with an expanding inventory of OEM factory-new military aircraft parts, including an exclusive distributorship of Simmonds Precision Products fuel management systems and precision actuation controls.
Parts Supply & OEM Aftermarket Services
AAR has partnerships with over 30 OEMs including Ametek, Crane, Eaton, LORD, Milton, Northrup Grumman, Pratt & Whitney, Unison and UTAS providing military aircraft operators with quicker and easier access to the parts they need. OEMs partner with AAR to leverage the aftermarket expert’s global sales network and expertise in working with DLA, ITAR and government contracts. AAR also has one of the industry’s largest inventories of expendable, repairable and overhauled parts for military aircraft. AAR provides spare components for all major platforms including F-16, F-15, F-18, V-22, C-130, H-60, CH-47, CH-53, AH-64, UH-1.
Other Government Services
AAR has been a trusted partner of government and military customers worldwide and is uniquely suited to apply commercial best practices to help operate more efficiently. AAR Airlift Group provides expeditionary services for government, operating a diverse fleet of rotary-wing and fixed-wing aircraft to transport passengers and cargo worldwide. AAR Mobility Systems supports military operations by designing, manufacturing, and integrating its industry-leading containers and shelters, as well as composite parts for A-10, KC-135, F-22 and Blackhawk platforms.
Government Fleets Under Contract
AAR helps US military and its allies sustain fleets including the Navy C-40A and Afghan’s C-130s. The Company just won the 10-year landing gear PBL contract for the U.S. Air Force and will provide total supply chain management including purchasing, remanufacturing, distribution and inventory control to support all Air Force depot and field-level, foreign military sales, other services, and contractor requisitions received for all C-130, KC-135 and E-3 landing gear parts.AAR’s NATO-award winning component repair shops in New York and Amsterdam also fix other rotable parts for many military aircraft platforms.
Visit AAR at Booth #A65 in the Americas Pavilion to speak with our subject matter experts including:
Noreen Kabra, Vice President, International Business Development – OAS Government
Colin Gregory, Vice President, Parts Supply, Asia
Mark Lomas, Integrated Supply Chain Solutions - Government
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, 2017. 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.