December 18, 2013
AAR to Distribute Eaton Products in Support of U.S. Defense Logistics Agency
Relationship Designed to Improve Service and Support of DLA Operations Worldwide
WOOD DALE, Illinois — AAR (NYSE: AIR) announced today that power management company Eaton has appointed AAR as the exclusive distributor to supply a variety of fluid distribution products to the Defense Logistics Agency (DLA). The new five-year agreement has a five-year renewal option and will strengthen service and support for America’s military aircraft fleets by providing rapid-response capabilities for all branches of the U.S. armed forces.
“We look forward to providing world-class supply chain and logistics services to enhance parts availability and mission readiness for the DLA and U.S. armed forces,” said John Holmes, Aviation Services Group Vice President – Aviation Supply Chain for AAR. “We value our expanding relationship with Eaton and are confident that this distributorship will provide a streamlined and efficient supply chain while offering a more centralized sourcing solution for the DLA.”
Under its distribution agreement, Eaton will supply AAR a variety of products that support aircraft fluid distribution including, Teflon hose assemblies, quick disconnect couplings, debris-monitoring devices, pressure switches and transducers, pneumatic ducting systems, clamps and flanges.
“Eaton and AAR have extensive experience as military suppliers, and now we are working together to better serve the needs of the Defense Logistics Agency,” said Einar Johnson, Vice President of Customer Solutions and Services for Eaton's Aerospace Group. “Teaming with AAR will increase the speed and efficiency of our global supply chain to ensure that America's troops have the products required to support 24/7 operational readiness.”
The DLA is the Department of Defense’s largest logistics combat support agency, providing supplies and services to U.S. military forces worldwide. The DLA procures nearly all of the consumable items used by America’s military forces, including spare parts. AAR has a long history of working with the DLA and was recently selected to provide specialized shipping/storage containers to be used by the U.S. Department of Defense and other federal agencies. With this agreement, AAR further enhances its other products and services available to the DLA and its partners.
About Eaton
In the aerospace industry, Eaton is a leading supplier of hydraulic, electro-hydraulic pump and generator products and integrated systems; engine and airframe fuel pumps; electric motors; aircraft door actuation, flight and flow controls; fluid, fuel and air delivery products and systems; nose wheel steering systems; integrated control systems; cockpit controls and displays; power and load management systems; pressure sensors, seals, and fluid health monitoring products and systems. Eaton serves commercial and military aviation, aerospace, military weapons, marine and off-road markets worldwide.
Eaton is a power management company providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. A global technology leader, Eaton acquired Cooper Industries plc in November 2012. The 2012 revenue of the combined companies was $21.8 billion on a pro forma basis. Eaton has approximately 102,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com.
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.
Contact
Media Team
Corporate Marketing & Communications
+1-630-227-5100
Editor@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 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.
Related news
See all
December 23, 2024
AAR named one of America’s Most Responsible Companies 2025 by Newsweek
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, is proud to announce it has been recognized by Newsweek as one of America’s Most Responsible Companies 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list was announced earlier this month and can currently be viewed on Newsweek’s website.
December 20, 2024
AAR announces divestiture of non-core Landing Gear Overhaul business to optimize portfolio
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has entered into a definitive agreement to divest its Landing Gear Overhaul business to GA Telesis. The transaction is valued at $51 million and is expected to close in the first quarter of the 2025 calendar year, subject to customary and regulatory closing conditions. The divestiture will be immediately accretive to margins and earnings.
December 19, 2024
AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC
Wood Dale, Illinois — AAR CORP. (NYSE: AIR) (“AAR” or the “Company”) announced today that it has reached resolutions with the Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) to resolve previously disclosed potential violations of the U.S. Foreign Corrupt Practices Act (the “FCPA”) relating to certain transactions signed in 2016 and 2017 in Nepal and South Africa.
