August 02, 2007
AAR Taps Terry Stinson to Lead Structures & Systems Segment
WOOD DALE, Ill., /PRNewswire-FirstCall via COMTEX News Network/ -- AAR CORP. (NYSE: AIR) announced today that aerospace industry veteran Terry Stinson has been named group vice president responsible for the Company's Structures & Systems segment. The appointment includes responsibility for AAR's Cargo Systems, Composites and Mobility Systems operating units with emphasis on capitalizing on the robust build cycles in commercial and defense markets.
"Terry is a recognized aerospace industry leader, and we welcome him to AAR during an exciting time of transformation and growth," said Timothy Romenesko President & Chief Operating Officer. "Terry's reputation, extensive experience and strategic vision will serve AAR well as we capitalize on opportunities to grow our structures and systems business."
Stinson most recently served as president of Commercial Operations for Thomas Group, an operational consulting firm, and chairman and CEO of Xelus Inc. He joined Textron Inc., in 1991, first as group vice president and segment president of its Aerospace Systems and Components group, and later as chairman and chief executive officer of Bell Helicopter Textron Inc.
He previously held leadership positions with United Technologies Corporation (UTC), including president and chief executive officer of Hamilton Standard, a UTC division.
AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair & Overhaul; Structures & Systems and Aircraft Sales & Leasing. More information can be found at www.aarcorp.com.
CONTACTS:
Chris Mason
Director of Corporate Communications of AAR CORP.
+1-630-227-2062
chris.mason@aarcorp.com
Related news
See all
September 30, 2025
AAR announces public offering of 3,000,000 shares of common stock
Wood Dale, Illinois — AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has commenced an underwritten registered public offering of 3,000,000 shares of its common stock. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of the Company’s common stock at the public offering price, less underwriting discounts and commissions.
September 30, 2025
AAR announces pricing of public offering of 3,000,000 shares of common stock
Wood Dale, Illinois – AAR CORP. (“AAR” or the “Company”) (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today the pricing of an underwritten registered public offering of 3,000,000 shares of its common stock at a public offering price of $83.00 per share. The underwriters have a 30-day option to purchase up to an additional 450,000 shares from the Company at the public offering price. The Company estimates that the net proceeds from the offering, after deducting the underwriting discounts and commissions, will be approximately $239.0 million, or $274.9 million if the underwriters exercise their option to purchase additional shares in full. The shares are expected to be delivered on or about October 2, 2025, subject to customary closing conditions.
September 25, 2025
AAR acquires leading parts distributor ADI American Distributors
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today it has acquired American Distributors Holding Co., LLC (ADI), a leading distributor of components and assemblies, for $146 million in an all cash transaction funded using the Company’s existing revolving credit facility. The acquisition immediately expands AAR’s new parts Distribution with new additional product lines and extensive OEM relationships. The business will become part of AAR’s Parts Supply segment.
