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The Latest Breaking News from AAR Corp

AAR Corp Jets Higher on Robust Demand for Aircraft Components

Demand is booming for AAR Corp., a leading aviation services provider offering maintenance, repair and overhaul (MRO) services for aftermarket aircraft.

MarketBeat

‘Higher-ups are in our pocket’ — An aviation giant with billions in military contracts admits to bribing officials in Nepal and South Africa

AAR Corp. will pay $55 million to resolve bribery investigations by the Justice Department and Securities and Exchange Commission

Fortune

AAR (AIR) Earnings Watch: Is This Defense Stock a Golden Opportunity?

AAR (AIR) seems well-poised for robust growth in the long run due to strong demand for its parts and services offerings among commercial aviation, government, and defense markets, but fierce competition, regulatory risks, and low profitability reflect uncertainty around its near-term prospects. As AIR is set to release its second-quarter…

StockNews.com

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US Approves Potential Sale of HIMARS Rockets to Morocco for Estimated $524.2 Mln

The US State Department has approved the potential sale of HIMARS artillery rocket systems and related equipment to Morocco in a deal valued at up to $524 million, the Pentagon said on Tuesday. The State Department has also approved the possible sale of Joint Stand Off Weapons and related equipment…

Asharq Al-Awsat

Analysts Bump Up AAR's Price Target Post Q3 Results

AAR Corp's (NYSE:AIR) price target has been raised to $56 (an upside of 12%) from $50 by RBC Capital analyst Ken Herbert while maintaining his Outperform rating on the shares. The analyst notes AAR's Q3 results showed steady improvement, with aviation sales up just under 3% Q/Q. Herbert specifies that AAR faced…

Benzinga

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