AAR Signs Agreement with Ontic for Support of Military MRO Business

WOOD DALE, Ill., Oct. 16, 2018 /PRNewswire/ -- Ontic, a BBA Aviation company and the aerospace industry's leading provider of 'Extended Life Solutions' for OEM legacy products, has appointed AAR as its authorized inventory management partner and exclusive distributor in support of Ontic UK's Military MRO business. This business includes a variety of repair and overhaul services for a portfolio of legacy avionics parts servicing the military market, including electromechanical, barometric, gyroscopes and electronics products. Key platforms include the BAE Hawk aircraft; Leonardo Sea King and AW101 helicopters; Lockheed C-130 transports; Boeing F-15 and V22; and the Tornado.

"This partnership with AAR represents a great strategic fit for Ontic, with both organizations being very closely aligned in their approach to delivering the highest customer service levels," said Matthew Pritchard, Ontic's UK Site Director. "We believe our military MRO customers will be pleased with the increased level of service they receive as a consequence of this relationship with AAR. As Ontic continues to grow, I'm confident that our partnership will expand as we look to deliver extended life solutions to our customers and OEM partners."

"We are delighted with our appointment as Ontic's authorized inventory management partner and exclusive distributor for their military MRO business," said AAR's Tim Driscoll, Vice President and General Manager of OEM Solutions. "We look forward to working with Ontic to provide our mutual customers with the parts they need, when they need them."

About Ontic
Ontic is a wholly-owned subsidiary of BBA Aviation plc, with over 42 years of aerospace product manufacturing and aftermarket support experience. Ontic provides FAA, CAAS, CAAC, TCCA, DCA, EASA Part 21 and 145 OEM support, including new and serviceable spares and repairs for over 4,500 maturing and legacy aircraft parts. Its portfolio of products licensed or acquired from major OEMs such as Honeywell, UTC Aerospace, Safran, Thales and GE Aviation, span all major aircraft systems in both civil and military markets. For more information, please visit www.ontic.com.

About BBA Aviation
BBA Aviation plc is a market leading, global aviation support and aftermarket services provider, primarily focused on servicing the business and general aviation (B&GA) market. BBA supports its customers through three principal businesses: Signature Flight Support and Signature TECHNICAir(TM), which provide premium, full-service flight and home base support including refuelling, ground handling, hangarage and MRO services through the world's largest fixed base operation (FBO) network for B&GA users with around 200 locations covering key destinations in North America, Europe, South America, Caribbean, Africa and Asia. Ontic is a leading provider of high-quality equipment and cost-effective solutions for the continuing support of maturing and legacy aerospace platforms, with locations in the USA, Europe and Asia. Engine Repair & Overhaul/Global Engine Services is a leading independent engine service provider to global B&GA operators, the rotorcraft market and regional airline fleets with locations in the USA, Europe, South America, Asia and the Middle East. For more information, please visit www.bbaaviation.com.

About AAR
AAR is a global aftermarket solutions company that employs more than 6,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR's Aviation Services include parts supply; OEM parts distribution; supply chain programs; customer fleet management and operations; aircraft maintenance, repair and overhaul; engineering services and component repair. AAR's Expeditionary Services include mobility systems; command and control centers in support of military and humanitarian missions; and composite manufacturing operations. Additional information can be found at www.aarcorp.com.

             This press release contains certain
              statements relating to future
              results, which are forward-looking
              statements as that term is defined
              in the Private Securities
              Litigation Reform Act of 1995.
              These forward-looking statements
              are based on beliefs of Company
              management, as well as assumptions
              and estimates based on information
              currently available to the Company,
              and are subject to certain risks
              and uncertainties that could cause
              actual results to differ materially
              from historical results or those
              anticipated, including those
              factors discussed under Item 1A,
              entitled "Risk Factors", included
              in the Company's Form 10-K for the
              fiscal year ended May 31, 2018.
              Should one or more of these risks
              or uncertainties materialize
              adversely, or should underlying
              assumptions or estimates prove
              incorrect, actual results may vary
              materially from those described.
              These events and uncertainties are
              difficult or impossible to predict
              accurately and many are beyond the
              Company's control. The Company
              assumes no obligation to update any
              forward-looking statements to
              reflect events or circumstances
              after the date of such statements
              or to reflect the occurrence of
              anticipated or unanticipated
              events. For additional information,
              see the comments included in AAR's
              filings with the Securities and
              Exchange Commission.

    ---

View original content to download multimedia:http://www.prnewswire.com/news-releases/aar-signs-agreement-with-ontic-for-support-of-military-mro-business-300731715.html

SOURCE AAR