Press release

May 14, 2002

AAR Awarded Contract by Lockheed Martin to Support Comanche Helicopter

CLEARWATER, Fla., /PRNewswire-FirstCall via COMTEX/ -- AAR (NYSE: AIR) announced today that AAR Composites, a division of its Manufacturing Group, has been awarded a contract by Lockheed Martin for fabrication and subassembly of advanced composite and carbon fiber structures for the Electro-Optical Sensor System (EOSS) for the Comanche helicopter. Lockheed Martin Missiles and Fire Control in Orlando, Florida, is developing the EOSS. The RAH-66 Comanche helicopter is the U.S. Army's 21st century combat reconnaissance and attack helicopter being developed by the U.S. Army's first team lead by Boeing Rotocraft and Sikorsky Aircraft Corporation. The EOSS is an integral part of the Comanche Target Acquisition System (TAS) and the night and adverse weather pilotage system.

AAR Composites, located in Clearwater, Florida, is a leader in the design, development, and production of advanced composite structures, with over 22 years of experience. The company's focus is on highly engineered value-added composite products, including primary and secondary aircraft structures, QuietCore interior systems and other high tech programs including monorails, ballistic proof cockpit doors and smoke/fire barriers.

AAR (NYSE: AIR) is the preeminent provider of products and value-added services to the worldwide aviation/aerospace industry. Products and services include proprietary inventory management and logistics support, encompassing supply, repair and manufacture of spare parts and systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world.

Employing more than 8,500 people, Lockheed Martin Missiles and Fire Control is headquartered in Dallas, Texas, with additional base operations in Orlando, Fla., and manufacturing and assembly facilities in Sunnyvale, Calif.; Chelmsford, Mass.; Camden, Ark.; Horizon City and Lufkin, Texas; Ocala, Fla.; White Sands Missile Range, N.M.; and Troy, Ala. The company is a business unit of Lockheed Martin Systems Integration in Bethesda, Md. Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture, and integration of advanced- technology systems, products, and services. The Corporation's core businesses are systems integration, space, aeronautics, and technology services.

Further information can be found at www.aarcorp.com.

SOURCE AAR CORP.

CONTACT: Paul Oppenheim, Director, Marketing & Sales of AAR Composites, +1-727-533-3202

Related news

See all SeeAll

Press release

September 28, 2026

AAR accelerates its aftermarket platform strategy by agreeing to acquire a controlling interest in MRO Holdings

  • Acquisition significantly enhances AAR’s scale, margins, and cash flow profile
  • Adds more than $1 billion in revenue supporting blue-chip, U.S. airline customers 
  • Expands AAR’s consolidated adjusted EBITDA margins[1] from approximately 12% to 16%, before synergies
  • Expected to be accretive to adjusted EPS in the first full fiscal year post closing
  • Updating AAR’s adjusted EBITDA margin target to approximately 19% to 20% within three to four years

WOOD DALE, Illinois — AAR CORP. (NYSE: AIR) (the “Company” or “AAR”), a leading Parts, Repair, and Software platform in the aviation aftermarket, today announced it has entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion. 

Press release

September 28, 2026

AAR reports first quarter fiscal year 2027 results

Wood Dale, Illinois, September 28, 2026 — AAR CORP. (NYSE: AIR) (the “Company” or “AAR”), a leading parts, repair, and software platform in the aviation aftermarket, reported today financial results for the fiscal year 2027 first quarter ended August 31, 2026.

Press release

September 15, 2026

AAR to announce first quarter fiscal year 2027 results on September 29, 2026

Wood Dale, Illinois — AAR CORP. (NYSE: AIR), the leading parts, repair, and software platform in the aviation aftermarket, today announced that it will release financial results for its first quarter of fiscal year 2027, ended August 31, 2026, after the close of the New York Stock Exchange trading session on Tuesday, September 29, 2026.