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AAR signs new engine parts supply agreement with Chromalloy
AIRAAR(AIR) Prnewswire·2024-11-12 12:30

Core Insights - AAR CORP. has signed a multi-year engine parts supply agreement with Chromalloy to distribute PMA parts for the CF6-80C2 engine high pressure turbine blades, becoming the exclusive distributor for these parts in the global aftermarket [1][4] - The agreement enhances AAR's aftermarket solutions by leveraging Chromalloy's engineering and manufacturing capabilities, ensuring accessibility for operators and repair stations worldwide [2][3] - The initial term of the agreement is three years, with AAR placing an initial provisioning order to maintain inventory for global distribution [4] Company Overview - AAR CORP. operates in over 20 countries, providing aerospace and defense aftermarket solutions through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services [5] - Chromalloy has over 70 years of experience in engineering, manufacturing, and service for the aerospace and industrial gas turbine aftermarket, focusing on FAA certified PMA and DER solutions [6]