AAR expands long-term relationship with Unison Industries to become global exclusive distributor for multiple product offerings
AAR CORP. (NYSE: AIR) announced a significant long-term agreement with Unison Industries to enhance the distribution of aviation and aerospace products. This partnership focuses on aftermarket distribution of Unison’s ignitor plugs, ignition leads, harnesses, and related spare parts worldwide. Building on over a decade of collaboration, this agreement aims to improve product availability, reduce lead times, and enhance customer service for operators and MROs. The initiative is expected to boost Unison's global aftermarket business, benefiting both companies.
- Long-term agreement with Unison Industries expands product distribution.
- Focus on global aftermarket customers enhances revenue potential.
- Improved customer service and reduced lead times for operators and MROs.
- None.
Wood Dale, Illinois, Oct. 05, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, signed a long-term agreement with Unison Industries to significantly expand its distribution of Unison’s aviation, aerospace, and civil land vehicle products.
This agreement broadens AAR’s distribution of select Unison ignitor plugs, ignition leads, harnesses, and related spare parts to cover aftermarket customers worldwide. This builds on the existing partnership between AAR and Unison for aftermarket product distribution services, as well as for 24/7 Aircraft-on-Ground (AOG) call center support to deliver rapid-response services to customers for Unison products.
“AAR has been a trusted partner for over 10 years,” said Brian DeGennaro, Vice President, Global Sales and Marketing for Unison Industries. “This expanded agreement will enhance Unison’s customer experience through increased product availability and will enable AAR to help Unison Industries grow our aftermarket business globally.”
“Augmenting our relationship with Unison Industries will compress lead times and improve customer service for operators and MRO facilities globally,” said Eric Young, AAR’s Vice President of OEM Solutions. “We are excited and honored to be selected for this partnership.”
For more information on AAR OEM Solutions, visit aarcorp.com/oems.
About AAR
AAR 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.
About Unison Industries
Unison Industries, LLC, is a leading global supplier of complex gas turbine engine components and electrical & mechanical systems. Unison supplies nearly every engine and airframe program, providing the most advanced performance solutions for a wide variety of markets including Aviation, space and defense, power, oil and gas, and transportation. Unison is a global company, employing more than 2,000 people across five major manufacturing locations as well as engineering centers and supporting sites worldwide. For more information, visit unisonindustries.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 and include the agreement’s ability to enhance Unison customer experience and grow Unison’s aftermarket business globally and the ability of the agreement to compress lead times and improve customer service for operators and MRO facilities globally. 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. |
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