AAR and Ontic expand relationship with multiple long-term distribution agreements

Core Insights - AAR CORP. has signed multiple long-term distribution agreements with Ontic to enhance their defense and commercial partnerships, improving service offerings for U.S. government and global commercial customers [1][2] Group 1: Agreements and Offerings - The first defense agreement allows AAR to support U.S. government customers with specific T55 engine components for the CH-47 helicopter [2] - AAR will increase its Ontic offerings for direct sales to the U.S. government by over 33% by adding part numbers for various platforms, including C-130, H-60, and E-2D [2] - AAR will distribute a thrust vector actuation systems motor manufactured by Ontic under a third agreement [2] - AAR and Ontic have signed a long-term global exclusive commercial agreement for parts related to multi-channel satellite communication systems [2] Group 2: Strategic Benefits - The agreements are expected to enhance part availability and reduce lead times for customers, leading to smoother supply chain management and more efficient operational planning [3] - The partnership aligns AAR's global sales expertise and contracting strengths with Ontic's engineering experience, benefiting shared defense and commercial customers [3] Group 3: Company Background - AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries, supporting commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services [4] - Ontic is a leading global aerospace OEM with over 50 years of experience, providing complex engineered parts and repair services for established aircraft in both defense and commercial markets [5]