AAR to Provide Cargo Loading Systems to EADS EFW
WOOD DALE, Ill., /PRNewswire via COMTEX/ --AAR (NYSE: AIR) has been selected by EADS EFW to manufacture main deck cargo loading systems for its Airbus A300-600 & A310-300 freighter conversion program. Recent purchase orders from EADS EFW include thirteen A300-600 systems. Deliveries will be accomplished over the next twelve months.
The cargo systems will be manufactured by AAR's Cargo Systems division in Goldsboro, North Carolina. AAR Cargo Systems holds FAA certifications for a wide range of commercial aircraft types, including the Airbus A300-600 and A310-300.
"We're very pleased to be selected by EADS EFW and look forward to working closely with them to provide high-quality products and excellent service and support," said Robert Kuhn, Vice President and General Manager of AAR Cargo Systems. "Recent orders further strengthen our position as a leading cargo systems provider and position us well as carriers capitalize on the cost-effectiveness and efficiency of converted aircraft."
AAR Cargo Systems specializes in the design and manufacture of in-aircraft cargo loading systems for commercial and military applications. AAR is a leading provider of value-added products and services to the worldwide aerospace and government and defense industries. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Government and Defense Services. More information can be found at www.aarcorp.com.
EADS EFW, headquartered in Dresden, Germany, is the Centre of Excellence for Airbus passenger-to-freighter conversions within EADS. Additionally, it develops and manufactures flat fibre-reinforced composite components for structures and interiors of the entire Airbus family and offers engineering services in the context of certification and approval. More information at www.efw.eads.net.
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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, 2011 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.
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