AAR signs exclusive defense distribution agreement with AmSafe Bridport
Rhea-AI Summary
AAR (NYSE: AIR) has entered into a significant multi-year exclusive defense distribution agreement with AmSafe Bridport, a TransDigm company. Under this partnership, AAR will become the exclusive distributor of KC-46 and C-40 platform products for the global defense and military aftermarket, including the U.S. Defense Logistics Agency (DLA), U.S. Armed Services, and foreign militaries.
The agreement enhances AAR's defense distribution portfolio by adding cargo handling products and enables intracompany coordination on government contracts through AAR's Government Programs business. The partnership aims to improve product accessibility and service for defense operators worldwide, particularly in the Japanese defense market.
Positive
- Secured exclusive distribution rights for KC-46 and C-40 platform products
- Expansion into cargo handling products segment
- Enhanced market access to U.S. Defense Logistics Agency and foreign militaries
- Strengthened position in Japanese defense market
Negative
- None.
News Market Reaction
On the day this news was published, AIR declined 0.20%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Under this agreement, AAR will become the exclusive KC-46 and C-40 platform distributor for direct and indirect sales to the global defense and military aftermarket, including the United States Defense Logistics Agency (DLA), United States Armed Services for fleet sustainment, and foreign militaries, including the Japanese defense market. Additionally, bringing these product lines to AAR will enable intracompany coordination on government contracts supported by AAR's Government Programs business, leading to enhanced customer service. The contract also further diversifies AAR's defense distribution portfolio to include cargo handling products.
"We are delighted to partner with AAR on this exclusive distribution agreement," said Natalie Paul, AmSafe Bridport's Senior Vice President, Sales and Engineering. "AmSafe Bridport brings proven safety and cargo handling solutions established on platforms like the KC-46 and C-40, while AAR's extensive distribution network and in‑region support ensure those solutions are available to customers exactly when and where they're needed. Together, we're enhancing accessibility and service for defense operators worldwide."
"AAR is pleased to become an exclusive distributor of AmSafe Bridport products to the
For more information on AAR's new parts Distribution business, part of the Company's Parts Supply segment, visit aarcorp.com.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the
About AmSafe Bridport
AmSafe Bridport is a world leader in aerospace and defence safety restraint products, providing engineered textile restraint and protection solutions to ensure a safer aircraft environment. As first tier suppliers to major aircraft manufacturers with over 40 years of experience, we offer a complete engineered solution from concept and design through to manufacture and testing. Operating from headquarters in the
For additional information, please visit https://amsafebridport.com.
This press release may contain 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, reflecting management's expectations about future conditions, including anticipated activities and benefits related to the 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 management, as well as assumptions and estimates based on information currently available to management 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 AAR CORP.'s 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 management's control. Management 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. |
Contact:
Media Team
+1-630-227-5100
Editor@aarcorp.com
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SOURCE AAR CORP.