WOOD DALE, Illinois, March 20, 2013 — AAR (NYSE: AIR) announced today that two of its businesses have earned the 2012 Boeing Gold Performance Excellence Award. It is the third time that both AAR Defense Systems and Logistics and AAR Aircraft Component Services in Europe have earned Boeing’s Gold Award.
The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. AAR maintained Gold composite performance ratings for each month of the performance period, from Oct. 1, 2011, to Sept. 20, 2012. AAR is one of only 153 suppliers to earn the Gold level of recognition for 2012 and is further distinguished by receiving awards at more than one facility.
“We value our long-term relationship with Boeing and are especially proud to be recognized for our performance in support of both commercial and defense programs,” said Tim Romenesko, President and Chief Operating Officer of AAR CORP. “Our employees’ hard work and commitment to excellence are how AAR continues to meet customer expectations and provide superior service.”
AAR’s Defense Systems and Logistics division was recognized for their supply chain management services in support of The Boeing Company’s Harrier Integrated Supply Support (HISS) performance-based logistics contract. The program supports AV-8B Harriers operated by the U.S. Marine Corps, Italy and Spain from Cherry Point, North Carolina, where AAR manages inventory and logistics for the versatile fixed-wing aircraft. AAR’s Aircraft Component Services division in Europe earned an additional award for performing in-house component repairs and managing a network of component repair subcontractors in support of European airlines operating the 717 and 737 NG aircraft.
AAR is a global aerospace and defense contractor that employs more than 6,000 people in 17 countries. Based in Wood Dale, Illinois, AAR supports commercial, government and defense customers through two operating segments: Aviation Services and Technology Products. AAR’s services include inventory management and parts distribution; aircraft maintenance, repair and overhaul; and expeditionary airlift. AAR’s products include cargo systems and containers; mobility systems and shelters; advanced aerostructures; and command and control systems. More information can be found at www.aarcorp.com.
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