AAR CORP.
Apr 22, 2025, 08:00 ET
WOOD DALE, Ill., April 22, 2025 /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) Aviation's Supply Center in Richmond, Virginia, signed a Supply Chain Alliance charter, formalizing a commitment to strengthening joint support of the nation's warfighter. AAR is DLA Richmond's first Supply Chain Alliance partner.
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The charter is intended to maximize efficiencies during the DLA procurement process by providing AAR with a centralized resource for contract quote, award, and execution. By focusing on partnerships that add agility and resilience to logistics support, AAR will effectively manage the supply chain through its comprehensive distribution services to meet the critical needs of DLA Aviation in support of the warfighter's readiness.
This charter follows a Supply Chain Alliance executed by AAR and DLA Maritime in September of 2024, under which the partners are striving to enhance readiness by implementing a strategic stocking approach and expediting the process of awarding work.
"AAR is honored to be selected as DLA Richmond's first Supply Chain Alliance partner. This opportunity will enable efficient operational execution, which will further advance strategic readiness and the broader National Defense Strategy," said Frank Landrio, AAR's Senior Vice President of Distribution.
For more information on AAR's Distribution services, 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.
This press release may contain 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 related to the 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 management, as well as assumptions and estimates based on information currently available to management 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 AAR CORP.'s 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 management's control. Management 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.
Contact:
Media Team
+1-630-227-5100
[emailprotected]
SOURCE AAR CORP.
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