Boeing (NYSE: BA) subsidiary Aviall said it has signed an exclusive distribution agreement with Ontic which covers spare fuel measurement parts on the widely popular Boeing 777 and Airbus A320 aircraft.
The 10-year contract extension expands the current agreement to include initial provisioning spares and support of Ontic´s retrofit campaigns.
Ontic, a BBA Aviation company, is a leading global provider of original equipment manufacturer (OEM)-pedigree parts and MRO services for legacy aerospace platforms.
This global agreement follows an existing long-term agreement between the companies wherein Aviall supplies fuel measurement for all commercial aviation customers. Aviall will continue to support its OEM fuel measurement components until 2026.
Aviall supports both commercial and defense business units within Boeing. Aviall is a leading solutions provider of aftermarket supply-chain management services for the aerospace and defense industries.
Aviall, which has headquarters in Dallas, is a provider of new aviation parts and related aftermarket services.