Aerospace and Defense Aftermarket

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AAR awarded new mobility solutions contract by Defense Logistics Agency Troop Support
Prnewswire· 2025-09-04 20:30
WOOD DALE, Ill., Sept. 4, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a new contract to provide mobility solutions to the Defense Logistics Agency Troop Support. The indefinite-delivery/indefinite-quantity contract includes a one-year base period and four one-year option periods with a total value of up to $85 million. The firm-fixed contract permits the government to order a comprehensive suite ...
AAR signs exclusive defense distribution agreement with AmSafe Bridport
Prnewswire· 2025-08-28 20:45
WOOD DALE, Ill., Aug. 28, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a new multi-year defense distribution agreement with AmSafe Bridport, a TransDigm company. Under this agreement, AAR will become the exclusive KC-46 and C-40 platform distributor for direct and indirect sales to the global defense and military aftermarket, including the United States Defense Logistics Agency (DLA), United States Arme ...
AAR reports fourth quarter and fiscal year 2025 results
Prnewswire· 2025-07-16 20:05
Core Insights - AAR CORP. reported record sales and profitability for fiscal year 2025, achieving a 20% increase in consolidated sales to $2.8 billion compared to fiscal year 2024 [2][13] - The company completed the integration of the Product Support acquisition and divested its Landing Gear Overhaul business for $48 million, optimizing its portfolio [2][6] - AAR's adjusted EBITDA grew by 34% year-over-year, reflecting improved margins and operational efficiency [5][15] Fourth Quarter Fiscal Year 2025 Highlights - Fourth quarter sales increased by 15% to $754.5 million, with adjusted diluted EPS rising 32% to $1.16 [5][8] - Adjusted EBITDA for the fourth quarter was $91 million, up 19%, with an adjusted EBITDA margin of 12.4%, an increase from 11.6% [5][10] - Sales to commercial customers rose by 12%, while sales to government customers increased by 21% [7][12] Fiscal Year 2025 Highlights - Full fiscal year net income was $12.5 million, or $0.35 per diluted share, down from $46.3 million in fiscal year 2024 [15][25] - Adjusted diluted EPS for the year was $3.91, compared to $3.33 in the previous year, indicating improved operating efficiency [15][36] - Operating margins improved to 6.7% from 5.6% in fiscal year 2024, with adjusted operating margins increasing to 9.6% from 8.3% [14][15] Recent Updates - AAR implemented Trax's eMRO and eMobility solutions across Delta TechOps and secured new license agreements for Trax software [6][17] - The company signed a new parts Distribution Supply Chain Alliance charter with the U.S. Defense Logistics Agency [6] - AAR's net leverage decreased from 3.58x to 2.72x, reflecting a stronger balance sheet and reduced debt [12][13] Financial Performance - Selling, general, and administrative expenses decreased to $77.4 million from $94.8 million in the prior year quarter [9] - Cash flow from operating activities for the fourth quarter was $51.4 million, compared to $24.5 million in the prior year quarter [12][27] - As of May 31, 2025, net debt stood at $880.5 million, down from $911.2 million a year earlier [12][38]