Business
AAR signs new agreement with Otto Instrument Service
AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a new agreement with Otto Instrument Service to sell and support the LASEREF IV inertial reference system product line. The agreement reinforces AAR's strategy to broaden its OEM distribution portfolio serving the business aviation market.
About this update from Aar Corp.
[{"type":"text","content":"WOOD DALE, Ill., Feb. 26, 2026 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a new agreement with Otto Instrument Service to sell and support the LASEREF IV inertial reference system product line. The agreement reinforces AAR's strategy to broaden its OEM distribution portfolio serving the business aviation market.","length":425,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/AAR)","displaySize":"","headline":null,"caption":"(PRNewsfoto/AAR)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":300,"url":"https://media.zenfs.com/en/prnewswire.com/8a446a85975d5f18b436ec62bc0a9b2e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/WUq3q7g.ITmaq7jglZjtgQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/8a446a85975d5f18b436ec62bc0a9b2e","width":400,"height":300}},"href":"https://mma.prnewswire.com/media/2305023/AAR_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the agreement, AAR will ensure availability and rapid global deployment of the LASEREF IV system, an essential avionics unit installed on a range of business aircraft, for replacement and upgrade. The collaboration combines Otto's expertise with AAR's global supply-chain reach, advanced distribution infrastructure, and customer-support capabilities.","length":365,"tagName":"p"},{"type":"text","content":""This agreement further strengthens AAR's position as a premier global distributor and expands access into the business aviation market," said Frank Landrio, AAR's Senior Vice President of Distribution. "In coordination with Otto, we look forward to enhancing availability, logistics, and technical support for operators upgrading to the latest technology."","length":385,"tagName":"p"},{"type":"text","content":""AAR's global footprint and proven performance in avionics logistics make them an ideal distributor for this system," said Chuck Farley, Otto Instrument Service's Vice President of Sales and Contracts. "Together, we can deliver faster, more efficient support for business and general aviation customers worldwide."","length":342,"tagName":"p"},{"type":"text","content":"For more information on...