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AAR STRENGTHENS RELATIONSHIP WITH SIKORSKY

 

AAR STRENGTHENS RELATIONSHIP WITH SIKORSKY AND PROVIDES
MANUFACTURING AND MACHINING FOR S-92 and H-60 HELICOPTERS
 
WOOD DALE, ILLINOIS — AAR (NYSE: AIR) announced today that it has
signed a Memorandum of Agreement (MOA) with Sikorsky Aircraft Corporation under which the two companies will work together to identify opportunities to expand their business relationship. In addition, AAR was named the exclusive supplier of composite interiors for the Sikorsky S-92 helicopter program and will provide precision machining services for S-92 helicopter flooring and a structural component of the H-60 helicopter airframe. The combined value of initial orders is approximately $18.8 million, with a potential contract value exceeding $60 million.
 
The MOA represents a formal agreement between AAR and Sikorsky to explore opportunities to align AAR’s diverse engineering, manufacturing, maintenance and parts supply capabilities with Sikorsky’s production and aftermarket support requirements. The fabrication of S-92 Offshore/Airline helicopter composite interiors will be performed by AAR Composites. Precision machining services will be provided by AAR Summa Technologies. Together, these AAR businesses offer a complete range of design engineering and manufacturing services for both advanced composite and metallic aerostructures.
 
“This MOA represents an important step in building our relationship with Sikorsky and
strengthening AAR’s reputation in the rotorcraft market,” said Timothy J. Romenesko, President and Chief Operating Officer, AAR CORP. “We appreciate the opportunity to provide Sikorsky with high-value products and services for their S-92 and H-60 helicopter programs and look forward to working with them to explore additional opportunities to support their operations and aircraft.” AAR is currently under contract with Sikorsky to provide composite components for S-92 Search and Rescue helicopter interiors, S-92 VIP helicopter Interiors, S-92/H-92 helicopter ramp panels, CH148 helicopter Interiors and CH148 helicopter fairings and to produce machined components for H-60 aircraft.
 
One AAR Place • 1100 N. Wood Dale Road • Wood Dale, Illinois 60191 USA • 1-630-227-2000 Fax 1-630-227-2101
 
AAR is a leading provider of value-added products and services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-thecustomer business model to serve aviation and government/defense customers through three operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; and Structures and Systems. More information can be found at www.aarcorp.com.
 
Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in helicopter design, manufacture and service. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX), which is based in Hartford, Conn., and provides a broad range of high technology products and support services to the aerospace and building systems industries.
 
Chris Mason, Director of Corporate Communicationschris.mason@aarcorp.com | www.aarcorp.com 

(630) 227-2062 |

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