AAR Corp. Secures Multi‑Year Distribution Deal with Woodward, Expanding into Commercial Aviation

AIR
April 23, 2026

AAR Corp. announced a multi‑year commercial distribution agreement with Woodward Inc. on April 22, 2026. The deal extends AAR’s existing defense‑market partnership into the commercial aviation sector, making AAR the preferred distributor of Woodward’s consumable parts—including fuel filters, gaskets, and seals—for the CFM LEAP, GEnx, and CF34 engines used by airlines worldwide.

The agreement leverages AAR’s global warehouse network to deliver critical engine parts quickly, addressing the high demand for AOG (Aircraft on Ground) support. Woodward’s decision to partner with AAR for commercial distribution follows the success of their defense‑market collaboration, and the expansion is expected to broaden Woodward’s reach into the lucrative commercial engine aftermarket.

Jacob Roush, Vice President of Sales and Marketing at Woodward, said, “Customers depend on commercial engine consumables to keep these engines running reliably, and getting those parts quickly is critical. AAR’s global reach and proven distribution track record make them the right partner to put Woodward parts where airlines need them, when they need them.” Frank Landrio, AAR’s Senior Vice President of Distribution, added, “This new agreement recognizes AAR’s success in distributing Woodward parts to the defense market and Woodward’s confidence in our ability to deliver the same results to the commercial aviation market. We are excited to expand our parts offerings for these critical high‑growth engines.”

AAR’s recent financial performance underscores the company’s capacity to support the expanded partnership. In the fourth quarter of fiscal 2024, AAR reported sales of $656.5 million and a GAAP diluted EPS of $0.26, compared with $553.3 million and $0.66 GAAP EPS in the same quarter of fiscal 2023. Adjusted diluted EPS rose from $0.83 in Q4 FY2023 to $0.88 in Q4 FY2024, reflecting steady revenue growth and disciplined cost management.

The deal comes as AAR continues to broaden its commercial aviation footprint, following the launch of its Airvoyant AI‑driven procurement platform for airlines and MROs. Woodward, meanwhile, has recently announced the sale of its pilot controls product line to Ontic Engineering and Engineering, further positioning the company to focus on high‑margin engine consumables.

The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.