AAR to acquire Aircraft Reconfig Technologies, expanding its engineering and certification capabilities and creating additional revenue streams
The acquisition continues AAR's accelerated growth strategy through M&A
Aircraft Reconfig Technologies is an engineering company specializing in passenger aircraft reconfiguration for leading global airlines. The company's full-service solutions include project management, engineering, and certification for aircraft interior reconfigurations. Founded in 1990, the company's approximately 100 team members are based in
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"AAR is excited to announce our agreement to acquire Aircraft Reconfig Technologies, a company with a strong reputation for high quality reconfiguration solutions. M&A is an important element of AAR's continued growth strategy. This acquisition will elevate AAR's engineering and in-house certification services to drive proprietary solutions as part of our broader MRO offering. We look forward to welcoming the skilled team at Aircraft Reconfig Technologies to AAR," said
"This acquisition will add incremental engineering capabilities that will further differentiate AAR and enable us to expand our total accessible market," added
The transaction is expected to close in the fourth quarter of AAR's Fiscal Year 2026, subject to customary closing conditions, including receipt of certain regulatory approvals. The acquisition is expected to be accretive to both margins and earnings.
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About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the
About Aircraft Reconfig Technologies
Aircraft Reconfig Technologies is a leading aircraft interiors engineering company owned by ZIM Aircraft Cabin Solutions. Established in 1990, the company's full-service solutions include project management, engineering, monument and kit production, and certification for aircraft interior reconfigurations for global airlines. Additional information can be found at https://www.art-aero.com/.
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This press release contains certain statements regarding the pending acquisition of Aircraft Reconfig Technologies, including the anticipated timing of the acquisition and the expected benefits related to the acquisition, including expansion of the Company's engineering, design and certifications capabilities in its Repair & Engineering segment, execution of the Company's strategies, and impacts on the Company's financial results. Such statements are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and reflect management's expectations about future conditions. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to us and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in our most recent Annual Report on Form 10-K. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described and the anticipated benefits of the acquisition may not be realized. These events and uncertainties are difficult or impossible to predict accurately, and many are beyond our control. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements, except as required by law. |
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