AAR signs exclusive global distribution agreement with Whippany Actuation Systems
AAR CORP. (NYSE: AIR) has signed an exclusive multi-year distribution agreement with Whippany Actuation Systems, a TransDigm Group business. The agreement covers global distribution of all components and sub-assemblies in Whippany's actuation product line, expanding AAR's offerings on key platforms including Boeing 737 and 777. The partnership aims to compress lead times, add stocking locations, and enhance customer service for Whippany end users by streamlining the supply chain and improving product delivery.
AAR CORP. (NYSE: AIR) ha firmato un esclusivo accordo di distribuzione pluriennale con Whippany Actuation Systems, una società del gruppo TransDigm. L'accordo comprende la distribuzione globale di tutti i componenti e sottoassemblaggi della linea di prodotti di attuazione di Whippany, ampliando l'offerta di AAR su piattaforme chiave, tra cui Boeing 737 e 777. La partnership mira a ridurre i tempi di consegna, aggiungere sedi di stoccaggio e migliorare il servizio clienti per gli utenti finali di Whippany, semplificando la catena di approvvigionamento e migliorando la consegna dei prodotti.
AAR CORP. (NYSE: AIR) ha firmado un acuerdo de distribución exclusivo por varios años con Whippany Actuation Systems, una empresa del grupo TransDigm. El acuerdo cubre la distribución global de todos los componentes y subconjuntos en la línea de productos de actuación de Whippany, ampliando las ofertas de AAR en plataformas clave, incluidas Boeing 737 y 777. La asociación tiene como objetivo reducir los tiempos de entrega, añadir ubicaciones de almacenamiento y mejorar el servicio al cliente para los usuarios finales de Whippany, simplificando la cadena de suministro y mejorando la entrega de productos.
AAR CORP. (NYSE: AIR)는 Whippany Actuation Systems와 독점 다년 배급 계약을 체결했습니다. Whippany의 작동 제품 라인의 모든 구성품 및 하위 조립품의 글로벌 배급을 포함하는 이 계약은 Boeing 737 및 777과 같은 주요 플랫폼에서 AAR의 제품 범위를 확장합니다. 파트너십은 공급망을 간소화하고 제품 배달을 개선하여 Whippany 최종 사용자를 위한 리드 타임을 단축하고 재고 위치를 추가하며 고객 서비스를 향상시키는 것을 목표로 합니다.
AAR CORP. (NYSE: AIR) a signé un accord de distribution exclusif pluriannuel avec Whippany Actuation Systems, une entreprise du groupe TransDigm. L'accord couvre la distribution mondiale de tous les composants et sous-ensembles de la ligne de produits d'actionnement de Whippany, élargissant les offres d'AAR sur des plateformes clés, y compris Boeing 737 et 777. Le partenariat vise à réduire les délais de livraison, à ajouter des emplacements de stockage et à améliorer le service client pour les utilisateurs finaux de Whippany en rationalisant la chaîne d'approvisionnement et en améliorant la livraison des produits.
AAR CORP. (NYSE: AIR) hat einen exklusiven mehrjährigen Vertriebsvertrag mit Whippany Actuation Systems, einem Unternehmen der TransDigm-Gruppe, unterzeichnet. Der Vertrag umfasst die globale Distribution aller Komponenten und Unterbaugruppen der Aktuatoren-Produktlinie von Whippany und erweitert die Angebote von AAR auf wichtigen Plattformen, darunter Boeing 737 und 777. Die Partnerschaft zielt darauf ab, die Lieferzeiten zu verkürzen, Lagerstandorte hinzuzufügen und den Kundenservice für die Endbenutzer von Whippany durch die Optimierung der Lieferkette und die Verbesserung der Produktlieferung zu verbessern.
- Secured exclusive global distribution rights for Whippany's actuation products
- Expands product portfolio for key Boeing platforms (737 and 777)
- Agreement will enhance supply chain efficiency and reduce lead times
- None.
Insights
The exclusive distribution agreement between AAR and Whippany represents a significant strategic expansion in the aviation components market. The deal strengthens AAR's position in the important Boeing 737 and 777 platforms, which dominate commercial aviation. By becoming the exclusive global distributor for Whippany's actuation systems, AAR gains control over a critical supply chain for flight-essential components.
The agreement offers three key advantages:
- Enhanced market reach through AAR's established distribution network
- Improved inventory management with additional stocking locations
- Reduced lead times for end users, a important factor in aircraft maintenance efficiency
The agreement includes the global distribution of all components and sub-assemblies in Whippany's actuation product line and expands AAR's product offerings on key platforms, including Boeing 737 and 777. AAR's distribution services will compress lead times, add stocking locations, and enhance customer service for Whippany end users.
"This agreement signals our confidence in AAR's ability to deliver customer satisfaction. The collaboration aims to streamline the supply chain and enhance the delivery of our high-quality products to our valued customers," said Cedrick Fontes, Whippany's President.
"AAR is proud to become a global distributor for Whippany, a proven leader in flight critical and auxiliary electromechanical actuation requirements," said Frank Landrio, AAR's Senior Vice President of Distribution. "This exclusive agreement scales Whippany's ability to reach customers and enables AAR to drive further value through continued expansion of products offered on key platforms."
For more information on AAR's Distribution division, visit https://www.aarcorp.com/en/products/distribution/.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the
About Whippany Actuation Systems
Whippany Actuation Systems supports flight critical and auxiliary electromechanical actuation requirements across all military and commercial applications. As your innovation partner for over 75 years, we deliver quality and performance for the advancement of efficient, more electric aircraft. Whippany Actuation Systems is based in
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 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 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. |
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Editor@aarcorp.com
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SOURCE AAR CORP.
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