March 15, 2012
Airbus Military Selects AAR for Component Repair Management and Logistics Services
Programs to streamline supply chain and increase efficiency
WOOD DALE, IL – AAR (NYSE: AIR) announced today that it has been selected by Airbus Military to provide off-wing repairs management and logistics services. The five-year programs will be managed by AAR’s Defense Systems & Logistics operating unit.
AAR will provide a single point of contact for the repair of components that Airbus Military previously outsourced to multiple vendors. The programs will focus primarily on support of CASA C-212, CN-235 and C-295 aircraft but with scope to support other Airbus Military platforms. AAR also has been selected by Airbus Military to establish and manage the logistics of a Repair Hub at the Airbus Military facilities at San Pablo Norte Spain, where the final assembly lines for the A-400M and the rest of CASA Tactical Mission Aircraft are located.
AAR’s repair management and logistics services will enable Airbus Military to streamline its supply chain and increase the efficiency of its maintenance operations and performance-based logistics support provided worldwide.
“We have major challenges in the coming years and making that strategy happen requires a Global Transformation Plan to achieve Services Proficiency. The collaboration with AAR forms part of our roadmap towards performance and cost-effective value for our customers all around the world,” said Philippe Galland, Senior Vice President of Airbus Military and Head of Customer Services.
“We are excited to work with Airbus Military to provide them with an efficient, cost-effective component repair program and logistics services in support of their maintenance activities,” said John Holmes, Division President, AAR Allen Asset Management, who oversees AAR’s commercial and defense logistics operations. “With our experience managing sophisticated supply chains and our history of solid execution, we are confident that this is the first step towards a long and mutually beneficial relationship between AAR and Airbus Military.”
AAR has extensive experience with supply chain and component repair management for commercial airline and government fleets, including the KC-10 Extender Contractor Logistics Support (CLS) program and the UK Ministry of Defence’s fleet of E3-D Sentry Aircraft.
About AAR
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
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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 Form 10-K for the fiscal year ended May 31, 2018. 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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