MIAMI, FL., October 11, 2021 -- VSE Aviation, a wholly owned subsidiary of VSE Corporation (NASDAQ: VSEC), today announced the successful launch and the implementation of an existing, 15-year distribution agreement with Pratt & Whitney Canada (“P&WC”). Under the terms of the agreement, VSE will provide new engine line maintenance spare parts and engine accessory exchange support to P&WC engine operators, customers and maintenance providers located throughout the United States.
This program accelerates access to spare part support for aircraft operators and service providers by positioning product in-region for P&WC’s broad customer base. VSE currently distributes both line maintenance parts and engine accessory exchanges from three US locations: Miami, Florida; Phoenix, Arizona; and Independence, Kansas.
Under the terms of the agreement, VSE will be a distributor for more than 6,000 flight-critical components used in more than 100 business and general aviation (B&GA) and regional aviation engine platforms. VSE will support customers with both new engine line maintenance spare parts and engine accessory exchange. VSE expects to service more than 5,000 U.S.-based aircraft with on-demand, flight-critical components on a 24/7 basis to support scheduled line maintenance and AOG (aircraft on-ground) events.
“VSE Aviation was selected by Pratt & Whitney Canada because of our unique value proposition within the B&GA market, one that combines our proven distribution capabilities and experience managing complex, global supply chains with our world-class MRO capabilities,” stated Ben Thomas, VSE Aviation Group President. “This solution positions VSE to deliver new P&WC material to customers in the field, while managing engine accessory exchanges historically managed by P&WC. We look forward to building upon this relationship with Pratt & Whitney Canada while continuing to deliver an exceptional level of service to our customers.”
“We are expanding our spare parts distribution network in response to increasing customer demand for regional availability and speed of delivery,” said Satheeshkumar Kumarasingam, Vice President, Customer Service, Pratt & Whitney Canada “VSE’s network of strategic distribution centers expands our reach while providing the level of care that P&WC engine owners and operators have come to expect.”
“This Agreement provides P&WC engine owners with an enhanced, on-demand customer experience,” commented Toby Lavine, Vice President, VSE Aviation. “By providing a bundled solution that includes on- time material delivery, AOG and line maintenance capabilities, VSE continues to help ensure the safety, reliability and operability of customer aircraft, consistent with its commitment to ‘raising the bar’ in the markets we serve.”