AAR realigns into four segments, will wind down Legacy Commercial Programs over 3-4 years

AAR CORP

New segments: Parts Supply, Repair & Engineering & Software, Government Solutions, Legacy Commercial Programs.
Wind-down of Legacy Commercial Programs (LTM rev. $252.4M, GAAP op. loss ($0.2M), adj. op. inc $5.0M).
Net assets of Legacy Commercial Programs ~$160M; wind-down expected to take 3-4 years.
Q4 and FY2026 guidance unchanged by realignment.
Recast segment financials for FY2024, FY2025, and FY2026 quarters provided in 8-K.

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