What Happened
Aerospace Aftermarket Leader Sees 24% Sales Growth Amid Strong Demand
AAR CORP., a leading aerospace and defense aftermarket solutions company, reported strong first quarter fiscal year 2027 results, with sales increasing 24% to $918 million. The company’s adjusted diluted EPS was $1.49, up 38% from the prior year. AAR also announced an agreement to acquire a controlling interest in MRO Holdings, which is expected to accelerate its growth strategy. The company’s strong performance is driven by demand for its services, particularly in the commercial aviation market. This news was first reported by Unknown Source.