Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
AAR ( (AIR) ) just unveiled an update.
On April 3, 2025, AAR CORP. completed the sale of its Landing Gear Overhaul business to GA Telesis for $51 million, receiving net proceeds of approximately $48 million. This divestiture is part of AAR’s strategic plan to focus on core aviation aftermarket services, aiming to enhance its portfolio and accelerate growth and margin expansion initiatives.
More about AAR
AAR CORP. is a global aerospace and defense aftermarket solutions company headquartered in the Chicago area, operating in over 20 countries. It supports commercial and government customers through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services.
YTD Price Performance: -6.46%
Average Trading Volume: 275,150
Technical Sentiment Signal: Buy
Current Market Cap: $2B
See more data about AIR stock on TipRanks’ Stock Analysis page.