AIR - AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products | Benzinga
WOOD DALE, Ill., April 11, 2024 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd. (SPP).
Under the agreement, AAR has extended its exclusive agreement to distribute the V2500 pneumatic starter and starter control valve on behalf of SPP for the life of the program. The contract also expands AAR's exclusive distributorship with the addition of all V2500 starter/valve subcomponents.
"AAR is proud to expand and extend our support of Sumitomo Precision Products on this critical engine component," said Paige Immordino, AAR's Vice President of Distribution – Commercial. "We continuously explore opportunities to ...