{"id":538165,"date":"2021-09-14T16:05:10","date_gmt":"2021-09-14T20:05:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/"},"modified":"2021-09-14T16:05:10","modified_gmt":"2021-09-14T20:05:10","slug":"aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/","title":{"rendered":"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products"},"content":{"rendered":"<div class=\"mw_release\">\n<p>Wood Dale, Sept.  14, 2021  (GLOBE NEWSWIRE) &#8212; AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an exclusive distribution agreement with Arkwin Industries. The agreement covers Arkwin\u2019s broad line of engine actuation and commercial aviation products for the commercial aviation aftermarket and is effective as of October 1, 2021.<\/p>\n<p>\u201cWe are excited to partner with AAR as our new aftermarket partner for our commercial aviation business,\u201d said Kristian Norheim, Arkwin Vice President of Sales &amp; Marketing. \u201cWe are confident that Arkwin\u2019s realignment of aftermarket support capabilities using AAR will allow Arkwin to more effectively support our global customer base.\u201d<\/p>\n<p>\u201cWe are thrilled to add Arkwin\u2019s products to our portfolio and look forward to working with its team to provide market intelligence and grow its footprint,\u201d said Eric Young, AAR Senior Vice President of OEM Solutions. \u201cThis agreement provides meaningful growth to AAR\u2019s OEM Solutions business and the CFM56, CF34, and CF6 products complement our existing engine offering.\u201d<\/p>\n<p>For more information about AAR\u00b4s OEM Solutions, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=K7OQ0_LjnvfLy2iNxIa1T94qwJHRzgLmENmiZbPDvXQWpqSGGMgCJBwgLIpnbMiyVKIDFm7pPWpVBmv82zdPayEVRCiv3sAWO4T0BG3xImI=\" rel=\"nofollow noopener\" target=\"_blank\">aarcorp.com\/oems<\/a>\/.<\/p>\n<p align=\"center\"># # #<\/p>\n<p>\n        <b>About AAR<br \/><\/b>AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR\u2019s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR\u2019s Expeditionary Services include Mobility Systems operations. Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NT5XdJqGH-6p0ThGsy1pn3ofjhuE3rcTdpgCDO8zRpBb1xjZ2SivQ8wHhsVVwUl-JDOo7cojyq93pKj5zYOh3g==\" rel=\"nofollow noopener\" target=\"_blank\">www.aarcorp.com<\/a>.<\/p>\n<p>\n        <b>About Arkwin<\/b>\n      <\/p>\n<p>Arkwin Industries designs, tests, manufactures, and supports precision hydraulic and fuel system components for civil and military fixed-wing aircraft, helicopters, spacecraft, turbine engines, and other special applications. We have grown from a start-up company in 1951 in rural Kansas to a modern, multi-faceted organization headquartered in Westbury, NY, just outside New York City. Our reputation for quality and reliability, as well as our location, allow us to attract some of the best engineering, technical, and manufacturing talent available.\u00a0 Additional information can be found at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=00P6YgFto6orao4PBIJcZdF8WeoKheuMOPGt9UuGE4HizXXn7Z6IbbonUBK3bwr0vIjI_G-dKqk4Z4AOvrQ5-A==\" rel=\"nofollow noopener\" target=\"_blank\">www.arkwin.com<\/a>.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td> This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995 which reflect management\u2019s expectations about future conditions, including that Arkwin\u2019s realignment of aftermarket support capabilities using AAR will allow Arkwin to support its global customer base; working with the Arkwin team to provide market intelligence and grow their footprint; and that the agreement will provide meaningful growth to AAR\u2019s OEM Solutions business and the CFM56, CF34, and CF6 products complement AAR\u2019s existing engine offering. Forward-looking statements may also be identified because they contain words such as \u2018\u2018anticipate,\u2019\u2019 \u2018\u2018believe,\u2019\u2019 \u2018\u2018continue,\u2019\u2019 \u2018\u2018could,\u2019\u2019 \u2018\u2018estimate,\u2019\u2019 \u2018\u2018expect,\u2019\u2019 \u2018\u2018intend,\u2019\u2019 \u2018\u2018likely,\u2019\u2019 \u2018\u2018may,\u2019\u2019 \u2018\u2018might,\u2019\u2019 \u2018\u2018plan,\u2019\u2019 \u2018\u2018potential,\u2019\u2019 \u2018\u2018predict,\u2019\u2019 \u2018\u2018project,\u2019\u2019 \u2018\u2018seek,\u2019\u2019 \u2018\u2018should,\u2019\u2019 \u2018\u2018target,\u2019\u2019 \u2018\u2018will,\u2019\u2019 \u2018\u2018would,\u2019\u2019 or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to \u201cRisk Factors\u201d in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.\u00a0 Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company\u2019s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. <\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyNTEyOCM0NDAzMTU5IzIxOTQyMzc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YzVjYzFkNWUtMTE3NS00NzM0LTg0MzctYWQyYzkzOTQ3OTIxLTEyMDU3OTA=\/tiny\/AAR-Corp.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Daniela Pietsch\r\nAAR Corp\r\n+16302275100\r\neditor@aarcorp.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wood Dale, Sept. 14, 2021 (GLOBE NEWSWIRE) &#8212; AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an exclusive distribution agreement with Arkwin Industries. The agreement covers Arkwin\u2019s broad line of engine actuation and commercial aviation products for the commercial aviation aftermarket and is effective as of October 1, 2021. \u201cWe are excited to partner with AAR as our new aftermarket partner for our commercial aviation business,\u201d said Kristian Norheim, Arkwin Vice President of Sales &amp; Marketing. \u201cWe are confident that Arkwin\u2019s realignment of aftermarket support capabilities using AAR will allow Arkwin to more effectively support our global customer base.\u201d \u201cWe are thrilled to add Arkwin\u2019s products to our portfolio &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-538165","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wood Dale, Sept. 14, 2021 (GLOBE NEWSWIRE) &#8212; AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an exclusive distribution agreement with Arkwin Industries. The agreement covers Arkwin\u2019s broad line of engine actuation and commercial aviation products for the commercial aviation aftermarket and is effective as of October 1, 2021. \u201cWe are excited to partner with AAR as our new aftermarket partner for our commercial aviation business,\u201d said Kristian Norheim, Arkwin Vice President of Sales &amp; Marketing. \u201cWe are confident that Arkwin\u2019s realignment of aftermarket support capabilities using AAR will allow Arkwin to more effectively support our global customer base.\u201d \u201cWe are thrilled to add Arkwin\u2019s products to our portfolio &hellip; Continue reading &quot;AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-14T20:05:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyNTEyOCM0NDAzMTU5IzIxOTQyMzc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products\",\"datePublished\":\"2021-09-14T20:05:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\\\/\"},\"wordCount\":645,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMyNTEyOCM0NDAzMTU5IzIxOTQyMzc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\\\/\",\"name\":\"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/","og_locale":"en_US","og_type":"article","og_title":"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products - Market Newsdesk","og_description":"Wood Dale, Sept. 14, 2021 (GLOBE NEWSWIRE) &#8212; AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an exclusive distribution agreement with Arkwin Industries. The agreement covers Arkwin\u2019s broad line of engine actuation and commercial aviation products for the commercial aviation aftermarket and is effective as of October 1, 2021. \u201cWe are excited to partner with AAR as our new aftermarket partner for our commercial aviation business,\u201d said Kristian Norheim, Arkwin Vice President of Sales &amp; Marketing. \u201cWe are confident that Arkwin\u2019s realignment of aftermarket support capabilities using AAR will allow Arkwin to more effectively support our global customer base.\u201d \u201cWe are thrilled to add Arkwin\u2019s products to our portfolio &hellip; Continue reading \"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-14T20:05:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyNTEyOCM0NDAzMTU5IzIxOTQyMzc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products","datePublished":"2021-09-14T20:05:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/"},"wordCount":645,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyNTEyOCM0NDAzMTU5IzIxOTQyMzc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/aar-enters-exclusive-distribution-agreement-with-arkwin-industries-supporting-engine-actuation-and-other-commercial-aviation-products\/","name":"AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products - 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