AAR Corp., through its subsidiaries, provides products and services to the aviation, aerospace, and defense industries worldwide. It operates in four segments: Aviation Supply Chain; Maintenance, Repair, and Overhaul; Structures and Systems; and Aircraft Sales and Leasing. Aviation Supply Chain segment sells various new, overhauled, and repaired engine and airframe parts and components to aviation and defense customers. It also repairs and overhauls avionics, instruments, electrical, electronic, fuel, hydraulic, pneumatic components, and internal airframe components. In addition, this segment provides inventory supply and management programs, and logistics programs for engine and airframe parts and components, as well as sells and leases commercial jet engines. Maintenance, Repair, and Overhaul segment offers airframe maintenance services; and the repair and overhaul of landing gear for commercial and defense customers. This segment also provides airframe maintenance, modification, special equipment installation, painting services, and aircraft terminal services for various models of commercial, defense, regional, business, and general aviation aircraft. Structures and Systems segment manufactures and repairs various containers, pallets, and shelters in support of military and humanitarian tactical deployment activities. It also designs, manufactures, and installs in-plane cargo loading and handling systems for commercial and military aircraft and helicopters. In addition, this segment designs and manufactures advanced composite materials for commercial, business, and military aircraft, as well as advanced composite structures for the transportation industry. Aircraft Sales and Leasing segment sells or leases used commercial jet aircraft, as well as provides advisory services, which include assistance in remarketing aircraft, records management, and storage maintenance. AAR Corp. was founded in 1951 and is based in Wood Dale, Illinois.
Analysts' Recommendation: | Strong Buy |
| 30 Days Ago: | Strong Buy |
|
| Analysts' Target: | $35 |
| Analysts' Targets |
| Jesup & Lamont | $35 |
| Buy |
Thursday, February 07, 2008 |