Wood Dale, IL-based AAR Corp., incorporated in the year 1951, provides various products and services to the aviation and defense industries worldwide. Its principal customers include The Boeing Company and Airbus. As of May 31, 2023, the company reported through two business segments – Aviation Services and Expeditionary Services. From the first quarter of fiscal 2024, the Aviation Services segment has started to report through three new operating segments — Parts Supply, Repair & Engineering and Integrated Solutions.

The Aviation Services segment provides aftermarket support and services for the commercial aviation, and government and defense markets. It comprises supply chain maintenance, repair and overhaul (MRO) activities. The company sells and leases a wide variety of new, overhauled and repaired engine and airframe parts and components, and aircraft to its commercial aviation and government/defense customers. It provides inventory management and distribution services, overhaul, repair and engineering services. Segment sales in fiscal 2023 were $1.90 billion, representing 95.4% of the company’s total sales.

The Expeditionary Services segment includes airlift and mobility activities. This division provides products and services for the movement of equipment and personnel by the U.S. Department of Defense (DoD), foreign governments and non-governmental organizations. This segment also designs manufactures and installs in-plane cargo loading and handling systems for commercial aircraft, military aircraft and helicopters. Business activities in this segment are primarily conducted through AAR Manufacturing, Inc. and Brown International Corporation.  Sales during fiscal 2023 came in at $0.92 billion, contributing 4.6% to the company’s total sales.