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AAR Reports First Quarter Fiscal Year 2027 Results
AAR said the deal adds a heavy-maintenance platform with 5 locations and a projected $75 million in annual cost synergies.
On Monday, September 28, 2026, AAR CORP. reported first-quarter fiscal 2027 sales of $918 million, up 24% from the prior year quarter ended August 31, 2025.
Alongside the earnings announcement, AAR entered a definitive agreement to acquire a 65% controlling interest in MRO Holdings, marking what the company calls a "significant step" in its long-term growth strategy.
Chairman, President and CEO John M. Holmes reported adjusted EBITDA surged 34% to $117 million, while adjusted diluted earnings per share reached $1.49, up 38% year-over-year.
Parts Supply and Repair, Engineering & Software each posted 31% sales growth, while Government Solutions advanced 4% driven by strength in Mobility Systems.
Management remains confident in delivering strong fiscal 2027 performance given solid first-quarter results and continued demand in commercial and government aviation markets.