AIR
AAR Corp.
September 29, 2026 · intraday
- Rarity
- 2.10
- Peak move
- −9.13%
- Float cap
- $4.5B
AAR Corp. is a leading independent provider of solutions to the global aviation aftermarket. It offers new and used aircraft parts distribution, maintenance, repair and overhaul, engineering, software, fleet management, and supply-chain logistics to commercial aerospace and government customers, including the U.S. Department of War and Department of State. It operates globally in over 20 countries through its Parts Supply, Repair, Engineering and Software, and Government Solutions segments.
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What we found
13 events · 2 from SEC or newswire · 0 timed with the moveequity_offeringAAR will fund its MRO Holdings acquisition partly with about $780 million of equity issued at $135 per share to existing MRO Holdings shareholders and roughly $230 million from a PIPE offering led by The Pritzker Organization.
debt_financingAAR will fund its MRO Holdings acquisition with approximately $2.1 billion of new debt backed by a fully committed bridge facility it intends to replace with permanent financing before closing, and will repay about $1.3 billion of MRO Holdings' existing debt.
analyst_ratingGuggenheim maintained its Neutral rating on AAR Corp after the $1.8 billion MRO Holdings acquisition and fiscal Q1 2027 results, with its pro forma model showing 9.5% EPS accretion in fiscal 2028 and 14.3% in fiscal 2029.
- Key event
government_contractThe U.S. Navy's Naval Air Systems Command awarded AAR a five-year indefinite delivery/indefinite quantity contract with an aggregate ceiling value of approximately $1.2 billion to perform P-8A Poseidon depot engine maintenance and repair.
guidance_changeAAR guided Q2 fiscal 2027 sales growth of 14% to 16% excluding the Legacy Commercial Programs segment and raised its full-year fiscal 2027 sales growth outlook to low teens from a prior low double-digits to low teens.
- Key event
acquisition_acquirerAAR Corp agreed on September 28, 2026 to acquire a 65% controlling interest in MRO Holdings, Inc. (Panama) at an implied enterprise value of $4.0 billion, paying about $1.82 billion in cash plus 5,783.894 shares of Series A Convertible Preferred Stock valued at $780.8 million, with an option for an additional 5%, and repaying roughly $1.3 billion of MRO Holdings debt; the deal is expected to close in AAR's fiscal Q3 ending February 2027 and was announced alongside AAR's first-quarter fiscal 2027 results.
SEC8-K 0001104659-26-111403Webbarchart.comWebmarketscreener.comWebayondo.comWebseekingalpha.comWebnasdaq.comSEC8-K 0001104659-26-111482SEC8-K 0001104659-26-111482Webbarchart.comWebca.investing.comWebgurufocus.comWebgurufocus.comWebdatatooza.comWebsa.marketscreener.comWebaviationnews-online.comWebaviator.aeroWebau.finance.yahoo.comWebgurufocus.comWebreuters.comWebseekingalpha.com - Key event
earnings_releaseAAR Corp reported Q1 fiscal 2027 results for the quarter ended August 31, 2026, with sales of $918.0 million, up 24% from $739.6 million, GAAP net income of $40.1 million ($1.00 diluted EPS) and adjusted diluted EPS of $1.49.
SEC8-K 0001104659-26-111403wireprnewswire.comWebnasdaq.comWebnasdaq.comWebsec.govWeblast10k.comWebbarchart.comWebsec.govWebfidelity.com peer_disclosureSR Technics began CFM56 engine maintenance for Garuda Indonesia at its Zurich engine shop, alongside Honeywell Aerospace's three-year APU repair agreement with Garuda and GE Aerospace's avionics support agreement with FL Technics Indonesia.
peer_disclosureStandardAero signed a Supplier Service Agreement with India's GMR Aero Technic to provide on-wing support for narrowbody engines including the CFM56-7B and LEAP-1A/1B, with about 1,000 of those powerplants in service in India and 3,200 on order.
analyst_ratingRBC Capital Markets analyst Ken Herbert maintained an Outperform rating and $145 price target on AAR ahead of its fiscal Q1 2027 results, adjusting margin estimates for a Legacy Commercial Programs headwind.
demand_signalGlobal aviation faces an engine availability crisis running to 2030, with aircraft idled, MRO queues lengthening and new-jet deliveries delayed, a bottleneck that research notes say benefits MRO providers with in-house repair capability or deep OEM ties.
peer_disclosureFTAI Aviation agreed to buy 27 Boeing 737-700 aircraft from WestJet, with 17 acquired via sale-leaseback and 10 off-lease, the 10 to feed FTAI's aerospace products business with additional CFM56-7B engines and modules as WestJet began retiring its 737-700 fleet.
government_contractDLA Aviation awarded AAR Supply Chain an $18,138,960 firm-fixed, sole-source contract on September 26, 2026 for V-22 Osprey auxiliary power unit spare parts, a three-year four-month contract with performance completion January 12, 2030.