AAR completes sale of Landing Gear Overhaul business to GA Telesis for $51M

AAR CORP

Closed April 3, 2025 for $51M; net proceeds ~$48M after selling costs and working capital adjustments.
Divestiture of non-core Landing Gear Overhaul business as part of portfolio optimization to focus on core aftermarket services.
Sale to GA Telesis, a global aerospace solutions company; transaction previously announced on December 20, 2024.
CEO John M. Holmes: 'Another step to enhance our portfolio and focus on growing core aviation aftermarket services.'

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