US-based MRO provider AAR has signed a multi-year extension of its exclusive global distribution agreement with Arkwin Industries.
The agreement covers Arkwin’s actuation, valve, and reservoir products on various engine and airframe platforms for the commercial aviation aftermarket.
“AAR is pleased to extend our relationship with Arkwin,” said Frank Landrio, AAR’s senior VP 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, VP of sales and marketing at Arkwin Industries, added: “Our collaboration to provide reliable products, component exchange and kitting services, in-region stocking, and warranty management have been game changers for our global customers.”
Last month, AAR acquired HAECO Americas in a $78 million all-cash transaction, creating a major force in the MRO sector.
The acquisition expands AAR's heavy maintenance footprint and accelerates the company's strategic objective to grow its Repair & Engineering segment.
John M. Holmes, chair, president and CEO of AAR, said the company has secured $850m of sales agreements over a multi-year period as a result of the transaction.