Wood Dale, Illinois β AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed two multi-year commercial agreements with ΊμΠΣΚΣΖ΅ (NYSE: MOG.A and MOG.B). The agreements are the first steps in a new strategic relationship that allows for potential future expansion of the scope of services provided.
Under the first agreement, AAR will distribute ΊμΠΣΚΣΖ΅ products applicable to mature aircraft platforms to customers globally. This new OEM relationship complements AARβs existing product offerings and customer base. Additionally, ΊμΠΣΚΣΖ΅ will benefit from AARβs value added services, which include a close-to-the-customer model that provides efficient delivery of inventory to the end customer, enabling ΊμΠΣΚΣΖ΅βs effort for further simplification.
The second agreement will enable AAR and ΊμΠΣΚΣΖ΅ to perform reciprocal component repair services. AARβs component repair facilities will receive support from ΊμΠΣΚΣΖ΅ on manufactured piece parts and repair capability while ΊμΠΣΚΣΖ΅ will receive components from AAR.
βWe are delighted to sign this reciprocal agreement with AAR for aftermarket repairs and distribution. We look forward to continuing to develop our relationship with AAR and build upon these agreements for the benefit of both parties,β says Lisa Domanowski-de Jong, General Manager ΊμΠΣΚΣΖ΅βs Commercial Aftermarket business.
βThe AAR-ΊμΠΣΚΣΖ΅ agreements demonstrate a commitment to providing additional value to customers through improved product availability and outstanding customer service,β says Frank Landrio, AARβs SVP of Distribution. βAAR looks forward to growing our relationship with ΊμΠΣΚΣΖ΅ by successfully executing on these contracts for the benefit of our collective customers.β
For more information on AARβs commercial solutions, visit .
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About AAR
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 four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at .
About ΊμΠΣΚΣΖ΅
ΊμΠΣΚΣΖ΅ is a worldwide designer, manufacturer, and integrator of precision motion and fluid controls and controls and systems. ΊμΠΣΚΣΖ΅βs high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, marine and medical equipment. Additional information about the company can be found at .
Contact
ΊμΠΣΚΣΖ΅
Kay Bostaph, Marketing Communications Manager
+1-716-395-1100
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AAR Media Team
Corporate Marketing and Communications
+1-630-227-5100
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