AAR CORP

AAR CORP's Human Capital and Compensation Committee approved a long-term performance incentive grant of 161,500 shares of performance-based restricted stock to Chairman, CEO, and President John M. Holmes. The award has a targeted grant date fair value of approximately $15 million and is designed to incentivize stock price appreciation and long-term retention. The shares cliff vest on July 31, 2031, based on the achievement of specific stock price hurdles: $175, $200, and $250, representing premiums of 35%, 54%, and 93% over the July 23, 2026 closing price of $129.47.

AAR CORP reported record-breaking financial results for fiscal 2026, driven by strategic initiatives including a significant restructuring of its operating segments and the completion of four key acquisitions. The company announced its intention to exit the asset-heavy Legacy Commercial Programs business over the next three to four years to focus on higher-margin activities. Consolidated sales increased by 19.0% to $527.5M, with strong growth in both commercial and government sectors, reinforcing its market position in the aviation aftermarket.

AAR CORP reported strong financial results for the fourth quarter and full fiscal year 2026, driven by growth across its Parts Supply, Repair, Engineering, and Software segments. Q4 sales increased 23% to $928 million, with adjusted diluted EPS up 32% to $1.53. For the full fiscal year, sales grew 19% to $3.3 billion and adjusted diluted EPS increased 29% to $5.05. The company also announced a new reporting structure, the wind-down of its Legacy Commercial Programs business, and provided positive guidance for Q1 and full year FY2027.

AAR CORP. hosted an Investor Day event on May 12, 2026, where its senior leadership presented strategic priorities, growth initiatives, and financial objectives. The company announced a segment realignment, creating "Government Solutions" and "Repair, Engineering, and Software" segments, and separately reporting "Legacy Commercial Programs." AAR also updated its Q4 and FY2026 outlook, projecting higher total adjusted sales growth for Q4 and setting new 3-year financial targets.

AAR CORP. announced a significant restructuring of its operating segments and the wind-down of its Legacy Commercial Programs business. The company's chief operating decision maker implemented changes to realign business units, resulting in four new segments: Parts Supply, Repair, Engineering, and Software, Government Solutions, and Legacy Commercial Programs. The wind-down of the asset-heavy Legacy Commercial Programs business, which contributed $252.4 million in sales and an adjusted operating income of $5.0 million for the last twelve months ended February 28, 2026, is expected to take 3-4 years. This strategic move aims to simplify the business model, achieve higher margins, and improve returns on capital, with the company's Q4 and fiscal year 2026 guidance remaining unchanged.

AAR CORP announced the completion of its previously disclosed acquisition of Aircraft Reconfig Technologies LLC from ZIM Aircraft Cabin Solutions LLC. The transaction, valued at $35 million in cash, was executed by AAR's wholly-owned subsidiary, AAR Aircraft Services, Inc. This strategic acquisition enhances AAR's capabilities in aircraft interiors engineering, signaling a move to strengthen its market position in this specialized segment.