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Company:
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AAR CORP (AIR)
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Form Type:
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4
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Filing Date:
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1/8/2020
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CIK:
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0000001750
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Address:
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1100 N WOOD DALE RD
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City, State, Zip:
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WOOD DALE, Illinois 60191
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Telephone:
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(630) 227-2000
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Fiscal Year:
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05/31
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Last Trade
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Last Trade:
$20.57
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Change:
0.49 (2.44%)
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Trade Time:
Jun 02
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Market Cap:
$722.02M
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Description of Business
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AAR CORP. and its subsidiaries are referred to herein collectively as "AAR,"
"Company," "we," "us," and "our" unless the context indicates otherwise. AAR was
founded in 1951, organized in 1955 and reincorporated in Delaware in 1966. We
are a diversified provider of products and services to the worldwide aviation
and government and defense markets.
Fiscal 2019 was a year focused on growth and execution of a number of
important programs and strategic initiatives. We succeeded in building customer
relationships with multiple international commercial and government customers.
Our parts supply activities were extremely strong and we also invested to
support our growth.
In fiscal 2019, we completed the ramp-up of the INL/A Worldwide Aviation
Support Services ("INL/A WASS") contract for the U.S. Department of State
("DoS"). This contract leverages our capabilities in aviation services,
including flight operations, supply chain logistics, and other services.
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