AAR Corp. (NYSE: AIR) has finalized its acquisition of Triumph Group’s (NYSE: TGI) product support business, which provides maintenance, repair and overhaul services for critical aircraft components in the defense and commercial markets. “The completion of this acquisition scales AAR’s repair capabilities, expands our footprint in ...
AAR Corp. (NYSE: AIR) will acquire Triumph Product Support from Triumph Group (NYSE: TGI) for $725 million in cash in an effort to scale its repair capabilities and expand its customer base and global footprint. Wood Dale, Illinois-based aerospace and defense aftermarket provider said Thursday Triumph Product Support services critical aircraft compo...
AAR (NYSE: AIR) President and CEO John Holmes has officially assumed an additional leadership role as chairman of the board at the global aerospace and defense aftermarket services provider. He succeeds David Storch, who has retired after 18 years in the chairman post, and will be responsible for growth strategies while upholding the corporationR...
