WOOD DALE, Illinois, June 8, 2012 — AAR (NYSE: AIR) has been named “Outstanding Source of Repair” by the NATO Maintenance and Supply Agency (NAMSA) and the International Aerospace Management Company (IAMCO). AAR was also recently ranked as Parts Supplier of the Year, one of the top five providers of aircraft Maintenance, Repair and Overhaul (MRO) in the world and the Best MRO in the Americas in independent surveys of customers and industry professionals.
AAR’s Aircraft Component Services division in Amsterdam earned the recognition for its performance in three key areas: on-time delivery; quality of service; and contract administration. In addition, NAMSA and IAMCO, which manage maintenance work and services for NATO, cited AAR for its complexity, variety and high number of repairs. AAR was previously recognized as Outstanding Source of Repair in 2006.
“The component and repair services that we provide are mission-critical to our defense customers’ operations,” said Mat van Vugt, General Manager, AAR Aircraft Component Services — Amsterdam. “Every day we strive to live up to the high levels of performance our customers have come to expect from us. Being recognized by NATO as the best SOR reflects our team’s commitment to excellence.”
AAR Aircraft Component Services — Amsterdam services rotable components with AOG (air on ground) service 24 hours a day, 365 days a year at a state-of-the-art facility equipped to repair, overhaul and maintain more than 22,000 aircraft parts.
As NATO’s principal logistics support management agency, NAMSA assists NATO nations by organizing common procurement and supply of spare parts, as well as arranging maintenance and repair services necessary for the support of various weapon systems in their inventories.
IAMCO is a multinational joint venture company founded in 1991. An industrial prime contractor, IAMCO is responsible for management of industrial collaborative efforts in depot level maintenance of air vehicles, engines and aircraft components, including the maintenance of NATO E-3A (AWACS) and Trainer Cargo Aircraft (TCA) fleet.
AAR is a leading provider of value added products and services to the worldwide aerospace and government/defense industries. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and government/defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Government and Defense Services. More information can be found at www.aarcorp.com.
The repairs will be performed at AAR’s Aircraft Component Services facility in Garden City, NY.
AAR names Dany Kleiman Group Vice President of the Company’s Maintenance, Repair and Overhaul (MRO) segment and Donald Wetekam Senior Vice President of Government and Defense Business Development.
It is adding inventory at its European Distribution Center located near Amsterdam Schipol Airport.
The five-year programs will provide a single point of contact for the repair of components that Airbus Military previously outsourced to multiple vendors.