AAR Announces Exclusive Commercial Distribution Agreement With Triumph
Portfolio Pulse from Benzinga Newsdesk
AAR CORP. (NYSE:AIR) has entered into an exclusive multi-year commercial distribution agreement with TRIUMPH's Actuation Products & Services business unit, starting in January 2026. This agreement allows AAR to distribute TRIUMPH's commercial actuation product line, enhancing AAR's offerings to the commercial aftermarket. The partnership is expected to benefit both companies by leveraging AAR's global distribution network and sales force to efficiently deliver TRIUMPH's products to commercial airlines and MRO customers.
April 04, 2024 | 12:21 pm
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AAR CORP. has secured an exclusive distribution agreement with TRIUMPH, set to enhance its commercial aftermarket offerings with over 100 top-level assemblies and subcomponents for Boeing and Airbus platforms.
The exclusive distribution agreement with TRIUMPH positions AAR CORP. to significantly expand its product offerings in the commercial aftermarket, a key growth area. By adding over 100 top-level assemblies and subcomponents for Boeing and Airbus platforms, AAR can cater to a broader range of commercial airlines and MRO customers. This strategic partnership is likely to enhance AAR's market position and revenue potential in the aerospace sector, making it a positive development for investors.
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