AAR signs exclusive foreign military distribution agreement with Pall Corporation
September 20 2023 - 04:05PM
AAR CORP. (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs, and OEMs, has signed an
exclusive multi-year foreign military distribution agreement with
Pall Corporation.
This agreement grants AAR exclusive rights to distribute and
market select Pall products to foreign military customers in
worldwide territories, with the exception of Japan and South Korea.
AAR will plan, stock, and actively promote Pall’s highly engineered
filtration products and solutions.
Mark Morris, Senior Vice President of Global Sales for Pall’s
aerospace business unit, expressed enthusiasm about the
partnership, stating, “Pall is thrilled to join forces with AAR,
bringing forth enhanced product availability through strategic
forecasting and inventory planning. This collaborative venture
promises to amplify our sales reach and provide our customers with
an enhanced service experience.”Frank Landrio, AAR’s Senior Vice
President of Distribution, shares the sentiment, saying, “AAR looks
forward to delivering a strong value proposition for Pall. We
possess the processes, customer knowledge, and compliance program
to meet the unique needs of this customer base. This strategic
relationship complements AAR’s current offerings and adds leading
filtration products to our international distribution
portfolio.”
For more information on AAR’s Distribution division, which is
part of the Company’s Parts Supply segment, visit
https://www.aarcorp.com/en/products/distribution/.
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 four operating segments: Parts Supply,
Repair & Engineering, Integrated Solutions, and Expeditionary
Services. Additional information can be found at aarcorp.com.
About PallPall Corporation is a filtration, separation
and purification leader providing solutions to meet the critical
fluid management needs of global customers across the broad
spectrum of industries. Pall works with customers to advance
health, safety, and environmentally responsible technologies. The
Company’s engineered products enable process and product innovation
and minimize emissions and waste. For more information visit
www.pall.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 expected benefits under the distribution agreement.
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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