WOOD DALE, Illinois, August 14, 2014 — AAR (NYSE: AIR) announced today that power management company Eaton has appointed AAR as the exclusive distributor for aircraft fluid-distribution products, oil debris-monitoring technology, engine seals and other products for commercial airlines. The new, 10-year agreement, which goes into effect October 8, will strengthen airline service and support by providing operators with a comprehensive inventory of highly reliable products manufactured by Eaton for a wide array of commercial aircraft.
“This new agreement with Eaton expands our relationship from military and defense into the commercial parts market and reinforces AAR’s ability to provide efficient and cost-effective solutions for Eaton’s aftermarket,” said John Holmes, Aviation Services Group Vice President – Aviation Supply Chain for AAR. “We are thrilled to deploy AAR’s global supply-chain infrastructure and sales team to support Eaton’s expansive portfolio of products.”
The new agreement with AAR highlights Eaton's broad product portfolio, which can be found on virtually all commercial aircraft in operation around the world. The new agreement includes Eaton's high-temperature and high-pressure duct joints, static and dynamic engine seals, pressure sensing and control products, and oil debris-monitoring products and systems.
“Eaton's new agreement with AAR is designed to provide airline customers with around-the-clock access to products they need to support aircraft availability and reliability," said Lasse Ostergaard, Vice President, Aftermarket Division for Eaton's Aerospace Group. "Our expanded relationship with AAR also increases Eaton’s capability to provide value to our airline customers by optimizing efficiencies in our customer’s Repairs and Spares supply-chain processes."
About Eaton
In the aerospace industry, Eaton is a leading supplier of products and technologies for hydraulic systems, fuel and inerting systems, motion control and engine solutions. Eaton's portfolio includes hydraulic engine-driven and electro-hydraulic pumps, control and storage equipment, distribution components and motors; engine and airframe fuel pumps, fuel-control valves, aerial- and ground-fueling equipment, lightning protection devices, and fuel-gauging and fuel-inerting systems; electrical generators, secondary flight-control actuators, door and utility actuators, and nose wheel steering and actuation-control systems; air-distribution products, pressure sensors, static and dynamic seals, and fluid-health monitoring products and systems; and aftermarket service and support. Eaton serves commercial and military aerospace, marine, and defense markets worldwide.
Eaton is a power management company with 2013 sales of $22 billion. Eaton provides energy-efficient solutions that help its customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 101,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com.
About AAR
Through its Aviation Supply Chain businesses, AAR offers a suite of products and services ranging from new and aftermarket airframe and engine parts to complete end-to-end logistics programs involving inventory and repair management. AAR gives commercial and defense customers unmatched access to the aftermarket, maximizing service levels while minimizing total costs. AAR also maintains one of the industry’s most extensive inventories of airframe and engine parts and components and is one of the largest providers of power-by-the-hour component support. Capitalizing on its international network of distribution and repair centers and its cutting-edge tracking technology, AAR expedites delivery of products and services and customizes solutions for airline, MRO and OEM customers around the world.
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.
