What Happened
Aircraft Aftermarket Growth Drives Company's Acquisition Strategy
AAR Corp. is expanding its aircraft aftermarket capabilities through strategic acquisitions, aiming to strengthen its position in the growing MRO market. The company’s recent acquisition of Aircraft Reconfig Technologies adds FAA certification capabilities, enabling AAR to issue supplemental type certificates and Parts Manufacturer Approval in-house. This move allows AAR to provide more comprehensive solutions to customers and supports its efforts to capture a larger share of aircraft modification and aftermarket spending. According to Zacks Investment Research, AAR’s acquisition strategy should help the company address a broader range of customer requirements while supporting growth in higher-value MRO and engineering services.