AAR Corp and Moog Inc. sign two multi-year commercial agreements

AAR Corp and Moog sign two multi-year commercial agreements

AAR Corp. has signed two multi-year commercial agreements with Moog Inc, a worldwide designer, manufacturer, and integrator of precision motion and fluid controls and controls and systems. The agreements are the first steps in a new strategic relationship that allows for potential future expansion of the scope of services provided. Under the first agreement, AAR will […]

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Andrew Schmidt has been appointed SVP of AAR Digital Services and Trax

AAR appoints new SVP of AAR Digital Services and Trax

People

AAR Corp. has appointed Andrew Schmidt as the Senior Vice President (SVP) of AAR Digital Services and Trax. In this role, Schmidt will collaborate closely with the Trax founders and leadership team to drive the expansion of the Trax business. His key responsibilities will involve growing the customer base, improving customer support, and introducing new

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AAR and United Airlines extend MRO relationship

MRO & Production

AAR CORP., has signed an agreement with United Airlines (United) to extend its existing airframe MRO services relationship through 2030 and expand its heavy maintenance commitments. Under this agreement, AAR has committed to growing its dedicated airframe narrow-body capacity to provide United Airlines a minimum of ten lines of maintenance support across AAR’s Miami, Florida

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AAR reports record third quarter results

Financial / Leave a Comment

AAR reported fiscal 2008 third quarter net sales of $376.6 million and income from continuing operations of $20.3 million. Sales grew a robust 39% from $271.0 million in the same period last year, and income from continuing operations increased 31% from $15.5 million in the third quarter of the prior year. Organic sales growth was

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U.S. Army selects AAR for CH-47 component repair services

MRO & Production / Leave a Comment

AAR has been awarded a five-year contract by the U.S. Army for the repair and overhaul of a key control component on the CH-47 (Chinook) helicopter, valued at $25 million. The work will be performed by AAR Aircraft Component Services — New York and is scheduled to begin in March 2008.

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AAR completes acquisition of Avborne Heavy Maintenance

Financial / Leave a Comment

AAR has completed the acquisition of Avborne Heavy Maintenance, an independent provider of aircraft heavy maintenance checks, modifications and painting services located in Miami, Florida. The newly acquired business will operate as part of the Company’s Maintenance, Repair and Overhaul (MRO) segment as AAR Aircraft Services — Miami. The acquisition significantly increases the Company’s MRO

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AAR to acquire Avborne Heavy Maintenance

Aircraft & Engines / Leave a Comment

AAR has signed an agreement to acquire Avborne Heavy Maintenance, Inc. (Avborne) and a related entity from AHM Holding, Corp. Avborne is an independent provider of aircraft heavy maintenance checks, modifications, installations and painting services to commercial airlines, international cargo carriers and major aircraft leasing companies. Founded in 1985, Avborne performs heavy maintenance on both

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AAR receives $28 million order for container roll in/out platforms

Other News / Leave a Comment

AAR CORP. has received an order to provide containerized roll-in/out platforms (CROP) for the U.S. Army, valued at $28 million. The specialized equipment, which is used primarily to transport ammunition, will be manufactured by AAR SUMMA Technology in Cullman, Alabama through June 2009. The order was placed as part of a five-year Indefinite Delivery/Indefinite Quantity

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AAR to expand composites business

MRO & Production / Leave a Comment

AAR announced that it is significantly expanding its Composites manufacturing operations with the lease of a 90,000 square-foot facility located at the McClellan Business Park, formerly McClellan Air Force Base, in Sacramento, California. AAR will occupy the portion of the McClellan facility formerly used by the U.S. Air Force for manufacturing composite replacement aircraft parts.

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AAR reports $25 million over-allotment option exercised by initial purchasers of convertible notes

Financial / Leave a Comment

AAR CORP. released that the initial purchasers of the convertible senior notes issued on February 11, 2008 (the “Notes”) have exercised in full their over-allotment option to purchase an additional $25 million in aggregate principal amount of Notes. The additional Notes will be allocated evenly between the two tranches of Notes, resulting in a total

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AAR Corp and Moog sign two multi-year commercial agreements

AAR appoints new SVP of AAR Digital Services and Trax

AAR and United Airlines extend MRO relationship

AAR reports record third quarter results

U.S. Army selects AAR for CH-47 component repair services

AAR completes acquisition of Avborne Heavy Maintenance

AAR to acquire Avborne Heavy Maintenance

AAR receives $28 million order for container roll in/out platforms

AAR to expand composites business

AAR reports $25 million over-allotment option exercised by initial purchasers of convertible notes

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