WOOD
DALE, Ill., Sept. 16,
2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading
provider of aviation services to commercial and government
operators, MROs, and OEMs, and the U.S. Defense Logistics Agency
(DLA) Land and Maritime signed a Supply Chain Alliance charter,
formalizing a commitment to strengthening joint support of the
nation's warfighter.
"This DLA alliance recognizes AAR's
commitment to provide value-added services," said Landrio.
The charter advances a longstanding partnership between the
entities and demonstrates a shared interest in enhancing
responsiveness to the warfighter, customer wait time, and
administrative lead time. The official partnership provides AAR a
dedicated resource within the DLA to expedite contract award and
execution processes. This enhances AAR's position to effectively
support OEM customers through increased efficiencies, including a
streamlined contracting experience, reduction in labor hours,
expedited delivery of products, and an opportunity to aggregate
process improvement measures.
"This DLA alliance recognizes AAR's commitment to provide
value-added services and continue growing our strategic
partnership," said Frank Landrio,
AAR's Senior Vice President of Distribution. "We are proud to be
recognized as a top provider of supply chain management solutions
and continue executing on our joint strategies to provide the best
product and service possible to the warfighter."
For more information on AAR's Distribution division, visit
https://www.aarcorp.com/en/products/distribution/.
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 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, reflecting management's
expectations about future conditions, including anticipated
activities and benefits resulting from the supply chain alliance.
Forward-looking statements may also be identified because they
contain words such as ''anticipate,'' ''believe,'' ''continue,''
''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,''
''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,''
''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,''
or similar expressions and the negatives of those terms. 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. For
a discussion of these and other risks and uncertainties, refer to
"Risk Factors" in our most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q. 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.
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Contact:
Media Team
+1-630-227-5100
Editor@aarcorp.com
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SOURCE AAR CORP.
