AAR Corp. and Ontic sign multiple long-term distribution agreements

AAR Corp. has signed multiple long-term distribution agreements with Ontic that expand the companies’ existing defense and commercial partnerships. Under the first defense agreement, AAR will expand its support for U.S. government customers to include a specific list of T55 engine components applicable to the CH-47 helicopter. Under a second agreement, AAR will add part numbers for various platforms to increase its Ontic offerings for direct sales to the U.S. government by more than 33%. Under a third agreement, AAR will expand on a current contract with Ontic to begin distributing a thrust vector actuation systems motor manufactured by Ontic. Additionally, AAR and Ontic signed a long-term global exclusive commercial agreement for a specified list of parts for multi-channel satellite communication systems utilized on various platforms.