AAR extends distribution agreement with Arkwin Industries

AAR Corp. (NYSE: AIR) signed a multi-year extension of its exclusive global distribution agreement with Arkwin Industries, the company announced December 8. The agreement covers Arkwin's actuation, valve, and reservoir products for engine and airframe platforms in the commercial aviation aftermarket.

The Wood Dale, Illinois-based aviation services provider will continue distributing Arkwin's hydraulic components through its Parts Supply segment. AAR provides aviation services to commercial and government operators, maintenance repair organizations, and original equipment manufacturers.

"AAR is pleased to extend our relationship with Arkwin," said Frank Landrio, AAR's Senior Vice President of Distribution. "Given the increase in engine repair activity, we will continue to meet the needs of our customers through our proven ability to execute."

Omar Peele, Arkwin Industries' Vice President of Sales & Marketing, said the collaboration provides "reliable products, component exchange and kitting services, in-region stocking, and warranty management" for global customers.

Arkwin Industries, headquartered in Bethpage, New York, designs and manufactures precision hydraulic and fuel system components for civil and military aircraft, helicopters, spacecraft, and turbine engines. The company has operated since 1951.

AAR operates in over 20 countries and is headquartered in the Chicago area. The company operates through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services.

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