Professional
Added to YB: 2026-04-06
Pitch date: 2026-04-02
AIR [neutral]
AAR Corp.
Author Info
Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.
Company Info
AAR Corp. provides products and services to commercial aviation, government, and defense markets in North America, Europe, Africa, Asia, and internationally.
Market Cap
$4.3B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.32
P/E
24.23
EV/Sales
1.66
Sector
Aerospace and Defense
Category
growth
Q1 2026 Investor Letter - AAR Corp (AIR)
AIR (holding update): After-market airplane maintenance services benefiting from aging fleet due to Boeing/Airbus supply constraints. Transforming from low-margin airframe heavy maintenance to higher-margin component repair/distribution. Gov defense contracts now 30% of biz, growing 50%. Multi-year industry tailwind + transformation story.
Read full article (1 min)