Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), is extending its component maintenance, repair, overhaul, and upgrade (MRO&U) license with RUAG Australia (RUAG) of Victoria, Australia, the company said.
This license is a renewal of a previous license with RUAG, expanding product lines and platforms based upon Parker´s wide range of hydraulic and flight control systems used by customers in the Oceania region.
This license supports RUAG Australia´s contract award of the Multi-Aircraft Hydraulic and Undercarriage Systems Support (MAHUSS) contract from the Australian Department of Defence. This Parker license will support RUAG in the MAHUSS performance-based contract fulfilment for the F/A-18A/B, AP-3C, S-70B, and CH-47 fleets.
Future growth is anticipated with the addition of F-35 and other platform sustainment as the next programs Parker and RUAG will collaborate on. With the selection of RUAG Australia as the Source of Repair (SOR) by the US Government F-35 Joint Program Office (JPO), capability for Parker F-35 component MRO will be created at multiple locations in Australia. Parker is also working with RUAG to create sustainment solutions on other Royal Australian Air Force and commercial aircraft.
Parker Aerospace is a global leader in the research, design, integration, manufacture, certification, and lifetime service of flight control, hydraulic, fuel and inerting, fluid conveyance, thermal management, lubrication, and pneumatic systems and components for aerospace and other high-technology markets. The company supports the world´s aircraft manufacturers, providing a century of experience and innovation for commercial and military aircraft and their engines.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.