AAR Corp Parts Supply and Engineering Initiatives
Government market
Defense spending seeking to counter great-power aggression
Distribution of 2022 military spending worldwide, by country
$2.24T, +3.7%
USAF availability rates for fighters and attack aircraft
100
80
50
60
United States
39%
%
40
Ukraine 2%
Japan 2%
South Korea 2%
France 2%
Germany 3%
All other 23%
Saudi Arabia 3%
UK 3%
China
13%
India 4%
Russia 4%
Source: SIPRI
20
0
2005
Source: Congressional Budget Office
Goal
Air Force
DoN
2010
2015
2020
.
⚫ Global tensions causing need for increased military posturing and
defense spending
.
• Allies' and enemies' defense spending increasing - growing
logistics requirements challenging European and Indo-Pacific
nations
.
• USAF fleet readiness significantly below targets
• Focus on developing new technologies to counter peer competitors
• U.S. government seeking to sustain fleets on tighter budget
Large government market with customer demand for efficient sustainment solutions
AAR
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