On the Record · AAR

AAR acquisitions, on the record

The businesses AAR bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Trax USA Corp. ("Trax") Word for word“The numbers are inclusive of our employees from Trax acquired on March 20, 2023, and the Product Support business acquired on March 1, 2024.” 10-K for 2024	acquisition	March 20, 2023	—
Triumph Group, Inc.'s Product Support business ("Product Support") Word for word“On March 1, 2024, we completed the acquisition of Triumph Group, Inc.’s Product Support business (“Product Support”) for a purchase price of $ 725.0 million subject to customary post-closing adjustments for cash, working capital and indebtedness.” 10-K for 2024	acquisition	March 1, 2024	—
Landing Gear Overhaul (LGO) business Word for word“In fiscal 2025, we sold our LGO business to GA Telesis for net proceeds of $48 million subject to post-closing adjustments for working capital, cash, and debt.” 10-K for 2025	divestiture	In fiscal 2025	net proceeds of $48 million
Triumph Group's Product Support business Word for word“On March 1, 2024, we completed the acquisition of Triumph Group, Inc.’s Product Support business (“Product Support”) for an initial purchase price of $ 725.0 million.” 10-K for 2025	acquisition	On March 1, 2024	initial purchase price of $ 725.0 million
joint venture that operated an airframe maintenance facility in India Word for word“During fiscal 2025, we exited the joint venture and recognized a gain of $2.1 million related to the sale of our interests.” 10-K for 2025	divestiture	During fiscal 2025	gain of $2.1 million related to the sale of our interests
American Distributors Holding Co., LLC (ADI) Word for word“In September 2025, we acquired American Distributors Holding Co., LLC (“ADI”) for $137.1 million.” 10-K for 2026	acquisition	In September 2025	$137.1 million
HAECO Americas Word for word“In November 2025, we acquired HAECO Americas for $78.0 million.” 10-K for 2026	acquisition	In November 2025	$78.0 million
Aircraft Reconfig Technologies (ART) Word for word“In April 2026, we acquired Aircraft Reconfig Technologies (“ART”) for $36.0 million.” 10-K for 2026	acquisition	In April 2026	$36.0 million
Aerostrat Corp. Word for word“In August 2025, we acquired Aerostrat Corp. (“Aerostrat”) for $19.0 million.” 10-K for 2026	acquisition	In August 2025	$19.0 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2017-05-31	$12.5 million	—
2018-05-31	$22.9 million	$12.5 million
2019-05-31	$2.3 million	—
2023-05-31	$103.3 million	$48.5 million
2024-05-31	$722.9 million	—
2025-05-31	$1.5 million	—
2026-05-31	$259.4 million	$49.5 million

Deal filings since 2016

2026-09-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-03-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-07-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-02-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-10-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-11-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from AAR’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-07-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.