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About
AAR Corp. engages in the provision of products and services to commercial aviation and government and defense industries. It operates through the Aviation Services and Expeditionary Services segments. The Aviation Services segment consists of businesses that provide spares and maintenance support for aircraft operated by commercial and government/defense customers. The Expeditionary Services segment involves in delivery of airlift services; and design and manufacture of pallets, shelters, and containers used to support the military's requirements for a mobile and agile force. The company was founded by Ira A. Eichner in 1951 and is headquartered in Wood Dale, IL. | |||
Description
AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. It operates in two segments, Aviation Services and Expeditionary Services. The Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. This segment sells and leases new, overhauled, and repaired engine and airframe parts and components; and provides inventory supply and management, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance-based logistics programs in support of the U.S. Department of Defense (DoD) and foreign governments. It also offers airframe inspection, maintenance, repair and overhaul, painting, line maintenance, airframe modification, structural repair, avionic and installation, exterior and interior refurbishment, and engineering and support services; repairs and overhauls landing gears, wheels, and brakes; and sells and leases used commercial aircraft. The Expeditionary Services segment provides products and services supporting the movement of equipment and personnel by the U.S. DoD, foreign governments, and non-governmental organizations. This segment's expeditionary airlift services offer fixed- and rotary-wing flight operations, such as search and rescue operations and transporting personnel and cargo. It designs, manufactures, and repairs transportation pallets, and various containers and shelters; and provides engineering, design, and system integration services for command and control systems. The company primarily markets and sells products and services through its employees and foreign sales representatives. As of May 31, 2016, the company's portfolio consisted of three aircraft owned through joint ventures. AAR CORP. was founded in 1951 and is headquartered in Wood Dale, Illinois. |