AAR Names Randy Martinez Senior Vice President, Government & Defense Programs
WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR CORP. (NYSE: AIR) announced today that the Company has named Randy J. Martinez Senior Vice President of Government and Defense Programs.
Before joining AAR in March 2009, Martinez served as the Chief Executive Officer of World Air Holdings, Inc. which, through its subsidiaries, provided air transportation services for the U.S. Government. Martinez also had a distinguished 21-year career with the U.S. Air Force (Colonel retired and Command Pilot). His latest assignment was as the Principal Advisor to the Chief of Staff of NATO's Strategic Planning Staff. His previous assignments included Senior Aide-de-Camp to the Chairman of the Joint Chiefs of Staff, Commander of the 457th Airlift Squadron at Andrews Air Force Base in Maryland and Chief of the Wing Standardization & Evaluation Division at Rhein Main Air Base in Germany.
"Randy contributes a tremendous understanding of the government and defense services market to our organization," said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. "His extensive leadership experience, both as a service provider to the U.S. Government and a highly decorated officer in the Air Force, make him an excellent choice to strengthen the Company's position in these markets and identify opportunities to further diversify our business."
AAR is a leading provider of products and value-added 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 defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Aircraft Sales and Leasing. More information can be found at www.aarcorp.com.
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, 2008 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.
Chris Mason, Director, Corporate Communications of AAR CORP.
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