AAR wraps up $725m acquisition of Triumph Group’s product support business

AAR wraps up $725m acquisition of Triumph Group’s product support business

In a significant move within the aerospace sector, AAR CORP. (NYSE: AIR) has finalized the acquisition of Triumph Group’s (NYSE: TGI) Product Support business for a substantial $725 million in cash, an announcement that underscores the growing consolidation within the aviation services industry. This acquisition not only signifies AAR’s expansion in its repair capabilities and […]