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Aerospace & Defense M&A image Aerospace & Defense M&A » By The Online Investor Staff, updated Sat., May. 11, 11:49 PM Recent mergers and acquisitions in the Aerospace & Defense M&A category.

This Slide: #24 of 69

Slide #24. AAR CORP. — Cargo Loading System Assets from PFW Aerospace GmbH

Acquirer: AAR CORP. (NYSE:AIR)
Acquiree: Cargo Loading System Assets from PFW Aerospace GmbH
Details: AAR CORP. (NYSE: AIR) announced today that its 100% owned subsidiary, Telair International GmbH, has signed a definitive agreement to purchase the cargo loading system assets of Speyer, Germany based PFW Aerospace GmbH. The acquisition will enhance Telair's market position as one of the leading suppliers globally of cargo loading and baggage handling systems. Upon completion of a transition period after closing, Telair will transfer the assets to, and perform operations at, its Miesbach, Germany facility.

AAR is a provider of products and services to the aviation and government and defense markets. Co. has the following business segments: Aviation Services and Expeditionary Services. The Aviation Services segment provides aftermarket support and services for the commercial aviation and government and defense markets. In this segment, Co. also provides inventory management and distribution services, maintenance, repair and overhaul services, and engineering services. The Expeditionary Services segment primarily consists of products and services supporting the movement of equipment and personnel by the U.S. and foreign governments and non-governmental organizations.

AIR SEC Filing Email Alerts Service


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AIR — Key Stats (updated Fri., May. 10, 10:23 AM)
Company Name:  AAR Corp
Stock buyback:  AIR buyback
Website:  www.aarcorp.com
Sector:  Aerospace & Defense
Number of ETFs Holding AIR:  63
Total Market Value Held by ETFs:  $903.60M
Total Market Capitalization:  $2.55B
% of Market Cap. Held by ETFs:  35.44%
 

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May 11, 2024  •  11:49 PM Eastern
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Strong Buy (3.80 out of 4)
72nd percentile
(ranked higher than approx. 72% of all stocks covered)

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