AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products [Yahoo! Finance]
AAR Corp. (AIR)
Last aar corp. earnings: 3/24 04:05 pm
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Source: Yahoo! Finance
operators, MROs, and OEMs, has signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd. (SPP). Under the agreement, AAR has extended its exclusive agreement to distribute the V2500 pneumatic starter and starter control valve on behalf of SPP for the life of the program. The contract also expands AAR's exclusive distributorship with the addition of all V2500 starter/valve subcomponents. "AAR is proud to expand and extend our support of Sumitomo Precision Products on this critical engine component," said Paige Immordino , AAR's Vice President of Distribution – Commercial. "We continuously explore opportunities to simplify the supply chain for our customers. By expanding this agreement to include global piece part support, we can serve as a designated source for their V2500 pneumatic starter and starter control valve needs." "This relationship enables us to better serve V2500 operators and repair facilities th
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News
- Global Commercial Aircraft Aftermarket Parts Market Projected to Reach US$ 69.5 Billion by 2032, Driven by Travel Demand, Aircraft Leasing, and Stringent Aviation Regulations [Yahoo! Finance]Yahoo! Finance
- AAR Corp. (NYSE: AIR) had its price target raised by analysts at Benchmark Co. from $65.00 to $83.00. They now have a "buy" rating on the stock.MarketBeat
- AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision ProductsPR Newswire
- AAR awarded Supplier of the Year by Atlas Air Worldwide [Yahoo! Finance]Yahoo! Finance
- AAR awarded Supplier of the Year by Atlas Air WorldwidePR Newswire
AIR
Earnings
- 3/21/24 - Beat
AIR
Sec Filings
- 4/11/24 - Form 4
- 4/9/24 - Form 144
- 4/4/24 - Form 4
- AIR's page on the SEC website