---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-128211"
form_type: "8-K"
ticker: "AIR"
cik: "0000001750"
company_name: "AAR CORP"
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:13:26.696921+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AAR posts Q2 sales up 16% to $545M; adjusted EPS $0.81 beats $0.69; announces $725M Triumph Product Support acquisition

## Summary
- Q2 sales $545.4M (+16% YoY); GAAP EPS $0.67 (vs $0.64); adjusted EPS $0.81 (vs $0.69, +17%).
- Adjusted operating margin 8.1% (11th consecutive quarter of expansion) vs 7.6% prior year.
- Agreed to acquire Triumph Group's Product Support business for $725M; deal expected to close later.
- Cash from ops $17.4M; net debt $211.9M (leverage 1.01x); no share repurchases in FY2024.
- New contract wins: Alaska Airlines MRO, MTU PW2000 parts, Woodward DLA, Pegasus warranty.

## SEC filing metadata
- accession: 0001104659-23-128211
- form_type: 8-K
- ticker: AIR
- cik: 0000001750
- company_name: AAR CORP
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750/000110465923128211/0001104659-23-128211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750/000110465923128211/tm2333067d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-128211
- JSON: https://secwatch.observer/filing/0001104659-23-128211.json
- Plain text: https://secwatch.observer/filing/0001104659-23-128211.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.