Looking for the latest GovCon News? Check out our story: AAR Eyes Expanded Global Aftermarket Footprint With Triumph Product Support Acquisition. Click to read more!
AAR Corp. entered into a definitive agreement to acquire Product Support business of Triumph Group, Inc. for approximately $730 million on December 21, 2023. AAR?s acquisition of Triumph Product.
Triumph Group Inc.’s stock was up by 3% in premarket trading on Thursday after it agreed to sell its 700-employee Triumph Product Support unit to AAR Corp..