Member access

4-Traders Homepage  >  Shares  >  Nyse  >  AAR Corp.    AIR   US0003611052

AAR CORP.

 (AIR)

0
Real-time Quote. Real-time BATS US - 05/24 04:59:58 pm
20.085 USD   +2.01%
4d ago AAR CORP.: AAR Names General (ret.) Ronald R. Fogleman Lead Director of it..
05/07 AAR CORP.: AAR to Name John Fortson as New Chief Financial Officer
04/30 AAR CORP.: ex-dividend day
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisionsForum 

AAR Corp. : Airbus Military Selects AAR for Component Repair Management and Logistics Services

03/15/2012| 07:30am US/Eastern
Recommend:
0

WOOD DALE, Ill., March 15, 2012 /PRNewswire/ -- 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 leading provider of value added products and services to the worldwide aerospace and government/defense industries. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and government/defense 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.

AAR - Named one of the Most Trustworthy Companies by Forbes

SOURCE AAR

Recommend :
0
Partner Area
React to this article
 
Latest news on AAR CORP.
4d ago AAR CORP.: AAR Names General (ret.) Ronald R. Fogleman Lead Director of its Boa..
05/07 AAR CORP.: AAR to Name John Fortson as New Chief Financial Officer
04/30 AAR CORP.: ex-dividend day
04/22 AAR CORP.: AAR Announces Cash Dividend
04/15 AAR CORP.: Completes Add-on Offering of 7.25% Senior Notes due 2022
04/10 AAR CORP.: Prices Add-on Offering of 7.25% Senior Notes due 2022
04/10 AAR CORP.: Announces Proposed $125 Million Add-on Offering of 7.25% Senior Note..
03/20DJU.S. HOT STOCK FUTURES: Hot stocks to watch
03/19 AAR CORP.: AAR Reports Third Quarter Fiscal Year 2013 Results
03/14AAR CORP.: quaterly earnings release
Dynamic quotes  
ON
| OFF
Copyright © 2013 Surperformance. All rights reserved.