Recent Acquisitions
In 2007 AAR acquired three companies. First was Reebaire Aircraft, which became AAR Aircraft Services - Hot Springs. This complemented AAR's existing aircraft modification and overhaul facilities in Oklahoma City and Indianapolis—the new Arkansas facility being particularly suited to servicing regional aircraft. By April that year AAR completed the purchase of Brown International, which was redubbed AAR Integrated Technologies three years later. In November AAR bought a third company for 2007: SUMMA Technology, Inc. In time AAR SUMMA Technology was integrated together with AAR Composites to become a single business under the name AAR Precision Systems.
In 2008 AAR acquired Avborne Heavy Maintenance, calling it AAR Aircraft Services - Miami.
In 2010 AAR acquired Aviation Worldwide Services (AWS). AWS was composed of two operating subsidiaries: Presidential Airways and STI Aviation. The purchase was completed in April and by November AAR announced that the operations would move to Melbourne, Florida. In conjunction with that announcement, AAR announced that it is rebranding AWS as AAR Airlift Group, Presidential Airways as AAR Airlift, and STI Aviation as AAR Aircraft Services – Melbourne.
In 2011 AAR acquired three companies. In October AAR acquired Airinmar Holdings Limited (Airinmar), an international provider of aircraft component repair management services. In December AAR acquired Telair International GmbH (Telair) and Nordisk Aviation Products A S (Nordisk) from Teleflex Incorporated. Nordisk and Telair manufacture air cargo equipment and handling systems as well as provide aftermarket repair services. This acquisition added to AAR’s existing commercial cargo manufacturing business and elevated the company’s position as a tier-1 aerospace provider. Telair and Nordisk operate as part of AAR’s Structures and Systems segment.
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