AAR Corp. (AIR), Tuesday announced the signing of a multi-year engine parts supply agreemen for the CF6-80C2 engine high pressure turbine Stage 1 and Stage 2 turbine blades for the Florida-based Chromalloy.
With an initial term of three years, the agreement will offer Parts Manufacturer Approval or PMA solutions to the customers.
During the pre-market hours, AAR's stock is trading at $69, up 2.48 percent on the New York Stock Exchange.
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