AAR expands Ontic partnership, signing military customer support distribution contract extension and new long-term global commercial distribution agreement
Wood Dale, Illinois, Dec. 15, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has expanded its partnership with Ontic by signing a military customer support distribution contract extension and a new long-term global commercial distribution agreement.
- Wood Dale, Illinois, Dec. 15, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has expanded its partnership with Ontic by signing a military customer support distribution contract extension and a new long-term global commercial distribution agreement.
- Under the military customer support distribution contract extension, AAR will continue to provide supply chain solutions, including warehousing, logistics, and supply chain management, for Ontic’s Cheltenham MRO.
- AAR will also continue to deliver global distribution services, including sales and international government customer support of electronic assemblies, flight control units, gyroscopes, and altimeters, for military operators.
- This new agreement increases AAR’s product offerings for commercial customers and provides Ontic’s customer base with lead time compression and elevated service levels.