AAR awarded two-year contract to support Royal Norwegian Air Force P-8A logistics
July 26 2022 - 4:05PM
AAR CORP. (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs, and OEMs, was awarded a
two-year contract with two option years by the Norwegian Defence
Logistics Organisation to provide commercial common parts for the
Royal Norwegian Air Force P-8A aircraft fleet of five aircraft.
“AAR is excited to support the Royal Norwegian Air Force’s P-8A
fleet,” said John B. Cooper, AAR Senior Vice President for Global
Government and Defense. “We will draw on our extensive knowledge
and experience managing the P-8A and commercial B-737 Next
Generation (NG) series aircraft and supply chains to deliver the
support that Norway needs.”
Under the terms of this contract, AAR will provide the initial
provisioning requirements and ongoing re-provisioning demands for
B-737 NG-series aircraft commercial common parts, including both
consumables and repairables, and deliver ground support for
aircraft. AAR will assist with spares forecasting and material
planning and will manage the inspection, maintenance, repair,
overhaul, modification, and upgrade of repairable parts.
“This program builds on AAR’s successful strategic expansion
into government programs outside of the USA, and we are
particularly excited to extend our P-8A platform support to the
Royal Norwegian Air Force,” said Nicholas Gross, AAR Senior Vice
President of Integrated Solutions.
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,
including the ability to continue to build on AAR’s successful
strategic expansion into government programs outside of the USA.
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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