AAR Signs Exclusive Multi-Year Foreign Military Distribution Agreement With Pall Corporation; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
AAR Corp. has signed an exclusive multi-year foreign military distribution agreement with Pall Corporation. The terms of the agreement were not disclosed.
September 20, 2023 | 8:08 pm
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AAR Corp. (AIR) has entered into a multi-year foreign military distribution agreement with Pall Corporation. The financial terms of the agreement were not disclosed.
The agreement with Pall Corporation could potentially increase AAR Corp.'s revenues and profitability in the long term. However, as the financial terms were not disclosed, the immediate impact on the company's financials is unclear. The news is highly relevant as it directly involves AAR Corp. and could be important for investors considering the potential for increased revenues.
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