What Happened
Aerospace Giant Expands Aftermarket Platform Through Strategic Acquisition
AAR CORP., a leading global aerospace and defense aftermarket solutions company, has agreed to acquire a 65% controlling interest in MRO Holdings, a leading provider of aircraft maintenance, repair, and overhaul services. The acquisition, valued at $4.0 billion, is expected to expand AAR’s aviation aftermarket platform and create significant growth opportunities. MRO Holdings operates five facilities across the Americas, with a team of approximately 10,000 professionals and 115 lines of airframe maintenance capacity. The acquisition is subject to regulatory approvals and is expected to close in AAR’s fiscal third quarter ending February 2027. This deal was first reported by PR Newswire.