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AAR CORP. provides various products and services to the aviation/aerospace industry worldwide. The company operates in four segments: Inventory and Logistic Services; Maintenance, Repair, and Overhaul; Manufacturing; and Aircraft and Engine Sales and Leasing. Its Inventory and Logistic Services segment includes the purchase and sale of various overhauled and repaired engine and airframe parts and components for the aviation aftermarket and military customers. This segment also provides inventory supply and management programs for engine and airframe parts and components. The companys Maintenance, Repair, and Overhaul segment includes the maintenance, repair, and overhaul and exchange of commercial aircraft landing gear, various avionics, instruments, electrical, electronic, fuel, hydraulic and pneumatic components, and internal airframe components. It also provides turbine engine overhaul and parts supply services to industrial gas and steam turbine operators. The companys Manufacturing segment engages in the design, manufacture, and installation of in-plane cargo loading and handling systems for commercial and military aircraft and helicopters. It also manufactures composite materials for commercial, business, and military aircraft, as well as composite structures for the transportation industry. The companys Aircraft and Engine Sales and Leasing segment includes the sale or lease of used commercial jet aircraft, and the sale or lease of various new and overhauled commercial jet engines. It also provides advisory services, which consist of assistance in remarketing aircraft and engines, records management, and storage maintenance. The company markets and sells its products to the U.S. and foreign governments. Its products and services are sold primarily to commercial airlines, business aircraft operators, aviation original equipment manufacturers, aircraft leasing companies, military agencies, and independent aviation support companies. The company was founded in 1951 and is based in Wood Dale, Illinois.
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