VSE Aviation Awarded $750 Million in New Distribution Agreements - Seite 2

The distribution agreements include the following:

• A new, 15-year distribution agreement with Pratt & Whitney Canada supporting Europe, Middle East, and Africa, representing a geographic expansion of the two previously awarded distribution agreements covering North America (announced in 2021) and Asia Pacific (announced in 2022). Under the terms of the new agreement, VSE Aviation will provide engine line maintenance spare parts and engine accessory exchange support to engine operators, customers, and maintenance providers located in Europe, the Middle East, and Africa regions. VSE Aviation expects to service 80 unique engine platforms across 85 countries.
• An expansion of an existing agreement with Honeywell to be the sole aftermarket distributor for their JetWave tail-mounted antenna systems in Europe, the Middle East, Africa, and India (“EMEAI”). This agreement represents an expansion of the previously awarded distribution agreement covering fuselage-mounted antenna systems, which was awarded to VSE Aviation in October 2022. VSE Aviation now supports all JetWave satellite communication systems in the EMEAI region.
• A new distribution agreement with a tire supplier, under which VSE Aviation will be the exclusive distributor of retreaded tires for the international regional airline market. This partnership leverages VSE’s acquisition of Desser Aerospace and broadens the solutions that VSE Aviation can provide to customers.
• The expansion of an existing 5-year distribution agreement with a leading manufacturer of starting and ground power batteries. Under the terms of the agreement, VSE Aviation, supported by the recently acquired Desser Aerospace business, will support the distribution of lead-acid batteries across the B&GA market. This agreement is a testament to our successful partnership and integration with our Desser Aerospace team.
• A new distribution agreement with a provider of airframe interior plastic components, including tray tables, seat shrouds, plastic wall and ceiling panels, flooring, lavatory shrouds, and nearly any other product made of plastic throughout the aircraft. This offering further expands VSE Aviation’s tip-to-tail approach to customer product support.

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