AAR CORP. (NYSE: AIR) completes $35M Aircraft Reconfig Technologies acquisition
Rhea-AI Filing Summary
AAR CORP. completed its previously announced acquisition of Aircraft Reconfig Technologies LLC (ART) from ZIM Aircraft Cabin Solutions for $35 million in cash, subject to post-closing working capital, cash, and debt adjustments. The deal closed through AAR’s wholly owned subsidiary, AAR Aircraft Services, Inc.
The acquisition adds ART’s specialized engineering for passenger aircraft reconfiguration and brings FAA Organization Designation Authorization (ODA) into AAR’s Engineering Services. With ODA, AAR can issue its own supplemental type certificates (STCs) and Parts Manufacturer Approval (PMA), expanding its cabin interior design, manufacturing, and certification capabilities for global airline and OEM customers.
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Insights
AAR adds engineering depth and FAA ODA via a $35M ART deal.
AAR CORP. completed the all-cash $35 million acquisition of Aircraft Reconfig Technologies (ART) through its AAR Aircraft Services subsidiary. ART focuses on passenger aircraft reconfiguration, aligning with AAR’s existing Repair & Engineering and aftermarket solutions businesses.
A key feature is ART’s FAA Organization Designation Authorization (ODA), which allows AAR to issue its own supplemental type certificates and Parts Manufacturer Approvals. This can streamline certification processes and deepen AAR’s role in cabin interior design, manufacturing, and regulatory approvals, particularly for global airline customers.
The transaction was previously announced on December 17, 2025 and is described as subject to customary post-closing adjustments. Future disclosures in AAR’s periodic reports may detail integration progress and any quantified financial contribution from ART’s engineering and certification activities.
8-K Event Classification
Key Figures
Key Terms
Organization Designation Authorization regulatory
supplemental type certificates regulatory
Parts Manufacturer Approval regulatory
forward-looking statements regulatory
all-cash transaction financial
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Item 7.01. Regulation FD Disclosure.
On April 24, 2026, AAR CORP. (the “Company”) issued a press release announcing the completion of the purchase of Aircraft Reconfig Technologies LLC, a leading aircraft interiors engineering company, from ZIM Aircraft Cabin Solutions LLC by the Company’s wholly-owned subsidiary AAR Aircraft Services, Inc. A copy of the press release is furnished and attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act, except as shall be expressly set forth by specific reference in such filing.
Item 8.01. Other Events.
On April 24, 2026, the Company completed the previously announced purchase of Aircraft Reconfig Technologies LLC from ZIM Aircraft Cabin Solutions LLC by AAR Aircraft Services, Inc. for $35 million in cash, subject to post-closing adjustments for working capital, cash, and debt.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press release issued by AAR CORP. on April 24, 2026 | |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 24, 2026
| AAR CORP. | ||
| By: | /s/ Jessica A. Garascia | |
| Jessica A. Garascia | ||
| Senior Vice President, General Counsel, Chief Administrative Officer and Secretary | ||
Exhibit 99.1
FOR IMMEDIATE RELEASE
April 24, 2026
Contact:
Media Team
+1-630-227-5100
Editor@aarcorp.com
AAR completes acquisition of Aircraft Reconfig Technologies
The acquisition immediately expands AAR’s engineering and certification capabilities
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced the completion of its acquisition of Aircraft Reconfig Technologies (ART) from ZIM Aircraft Cabin Solutions. ART is an engineering company specializing in passenger aircraft reconfiguration for global airlines.
On December 17, 2025, AAR announced it had entered into a definitive agreement to acquire ART for $35 million in an all-cash transaction, subject to customary adjustments.
“This acquisition adds FAA Organization Designation Authorization (ODA) to AAR’s Engineering Services capabilities, which will enable AAR to issue supplemental type certificates (STCs) and Parts Manufacturer Approval (PMA) without reliance on third parties,” said Tom Hoferer, AAR’s Senior Vice President of Repair & Engineering. “Having an ODA enhances our aircraft cabin interior design, manufacturing, and certification offerings, and we are excited to welcome ART to the AAR team.”
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago
area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated
Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.
This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management’s expectations about future conditions, including anticipated activities and benefits related to the acquisition. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to “Risk Factors” in AAR CORP.’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management’s control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.