AAR’s Component Repair facility in Amsterdam ranked No. 1 Outstanding Source of Repair by NATO Support and Procurement Agency for fifth time
July 05 2022 - 04:30PM
AAR (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs, and OEMs, has been named
“Outstanding Source of Repair” and ranked number one among all
component source of repair (SoR) facilities for 2021 by the NATO
Support and Procurement Agency (NSPA) and the International
Aerospace Management Company (IAMCO). Both organizations manage
maintenance work for the North Atlantic Treaty Organization (NATO).
This is the second time AAR has received this prestigious
recognition in the last three years and the fifth overall.
AAR’s Amsterdam facility has served IAMCO for two decades and
earlier this year signed a 10-year extension of the component MRO
agreement with IAMCO for support of the NATO E-3A Airborne Warning
and Control (AWACS) fleet.
“AAR aims to provide the highest level of service possible. The
honor of receiving this distinction from NATO confirms our success
toward this goal and demonstrates that others recognize our value,”
said Maarten Willemsen, Program Manager, AAR Aircraft Component
Services - Amsterdam. “We are extremely proud to provide repair
services to the NATO AWACS program in support of their
readiness.”
“NSPA congratulates AAR Aircraft Component Services for being
selected as the best SoR of 2021. This achievement highlights the
dedication, skill, and professionalism displayed by AAR. We
continue to be proud of the contribution of the AAR team to our
AWACS program and look forward to our continued relationship,” said
Norbert Schneider, NSPA LW Program Manager.
“IAMCO congratulates the AAR Aircraft Component Services team
for having been selected once again by IAMCO and NSPA as the best
SoR of 2021. With this fifth award, AAR has demonstrated through
the years that it is a consistently reliable and strong pillar for
the NATO AWACS program,” said Bernard Masuy, IAMCO Components
Branch Manager.
For more information on AAR’s Component Repair services, visit
aarcorp.com/mro/component-repair/.
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.
About NSPA
As the North Atlantic Treaty Organization’s principal support
agency, NSPA assists NATO nations by organizing common procurement
and supply of spare parts, as well as by arranging maintenance and
repair services necessary for the support of various weapon systems
and their inventories.
About IAMCO
IAMCO is a multinational joint venture company founded in 1991.
As an industrial prime contractor, IAMCO is responsible for
management of collaborative efforts in depot-level maintenance of
NATO’s E-3A airborne early warning and control (AWACS) fleet,
including the maintenance of engines and aircraft components.
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,
including the Company’s aim to provide the highest level of service
possible, NSPA looking forward to our continued relationship and
AAR continuing to demonstrate that it is a consistently reliable
and strong pillar for the NATO AWACS Program. 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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