AAR’s Landing Gear PBL Program wins 2021 Secretary of Defense PBL Award
April 27 2022 - 8:15AM
AAR CORP. (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs, and OEMs, was awarded
the 2021 Secretary of Defense Performance-Based Logistics (PBL)
Award for its Landing Gear PBL (LGPBL) Program. The Award
acknowledges Government-industry teams that have demonstrated
innovative sustainment solutions. The LGPBL Program is the largest
commodity-level U.S. Air Force (USAF) PBL contract, supporting
C-130, E-3, and KC-135 aircraft landing gear system sustainment.
As the prime contractor, AAR provides total supply chain support
for these assets, directing procurement, inventory management, and
commercial and USAF depot remanufacturing operations. The USAF-AAR
team has driven industry best practices and innovation at the USAF
Ogden landing gear remanufacturing facility, while balancing
performance metrics and optimizing availability.
“The outstanding partnership between the USAF and AAR has
generated increased readiness at a reduced cost,” said Lisa Smith,
Deputy Assistant Secretary of Defense for Product Support. By
aligning long-term product support planning and sustainment
activities, the team has achieved a 97% reduction in Mission
Impaired Capability Awaiting Parts (MICAPs), realized an 88%
reduction in backorders, shortened requisition fulfillment times,
repatriated remanufacturing workload to the USAF, and diversified
the supply chain through new source identification and
approval.
“The USAF-AAR team has developed and successfully delivered a
pioneering PBL solution, leveraging commercial best practices to
optimize C-130, E-3, and KC-135 mission readiness,” said Nick
Gross, AAR Senior Vice President of Integrated Solutions. “AAR is
honored to receive this award and looks forward to continuing our
strong and effective partnership with the USAF.”
For more information about AAR’s government solutions, please
visit aarcorp.com/integrated-solutions/government-solutions/.
About AARAAR 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 two operating segments: Aviation
Services and Expeditionary Services. AAR’s Aviation Services
include Parts Supply; OEM Solutions; Integrated Solutions; and
Maintenance, Repair, and Overhaul (MRO) Services. AAR’s
Expeditionary Services include Mobility Systems operations.
Additional information can be found at 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
which reflect management’s expectations about future conditions.
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. |
Media Team
AAR CORP.
+1-630-227-5100
editor@aarcorp.com
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