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AAR announces acquisition of maintenance planning software provider Aerostrat, expanding capabilities of Trax subsidiary
Prnewswireยท 2025-08-12 12:00
WOOD DALE, Ill., Aug. 12, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has acquired Aerostrat, a leading long-range maintenance planning software company, for a purchase price of $15 million plus contingent consideration of up to $5 million. The acquisition immediately expands the reach of AAR's software offerings and the enterprise resource planning system (ERP) capabilities of AAR's Trax subsi ...