Core Viewpoint - AAR CORP. has acquired Aerostrat for $15 million, with potential contingent consideration of up to $5 million, enhancing AAR's software offerings and ERP capabilities through its Trax subsidiary [1][4]. Company Overview - AAR CORP. is a leading provider of aviation services, operating in over 20 countries and supporting both commercial and government customers through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services [5]. - Aerostrat, founded in 2015, specializes in long-range aviation maintenance planning software, with its flagship tool Aerros supporting over 5,000 aircraft [2][7]. - Trax, a wholly-owned subsidiary of AAR, offers mobile and cloud products for aviation maintenance, focusing on digital solutions and real-time information access [6]. Acquisition Details - The acquisition of Aerostrat is expected to create opportunities for integration and expansion of services for both Trax and Aerostrat customers [3][4]. - Aerros will be integrated into the Trax suite of products while remaining available separately for use on various ERP platforms [3]. Strategic Implications - The acquisition aligns with AAR's strategy to advance next-generation maintenance products and services, enhancing the capabilities of both companies [4].