AAR Corp

AAR CORP. is a private provider of aviation services.[2]

AAR CORP.
TypePublic
NYSE: AIR
S&P 600 Component
IndustryAviation
Aerospace & Defense
Foundedincorporated 1955
FounderIra Allen Eichner
HeadquartersWood Dale, Illinois, USA
Area served
Worldwide
Key people
John Holmes
(President) & (CEO)
David Storch
(Non-Executive Chairman of the Board)
RevenueUS$ 1.8B (FY 17)[1]
US$ 86.0M (FY 18)[1]
Total assetsUS$ 1.5M (FY 18)[1]
Total equityUS$ 936.3M (FY 18)[1]
Number of employees
6,000 (FY 18)[1]
Websitewww.aarcorp.com

I.A. Allen Industrial peter was incorporated in 1955, renamed Allen Aircraft Radio in 1962 and became AAR CORP. in 1969.[3] AAR is headquartered in Wood Dale, Illinois, a Chicago suburb near O'Hare International Airport and employs approximately 6,000 people in more than 20 countries.[4]

During the Trump administration, AAR quadrupled its lobbying expenditures.[5] The company spent large sums at Trump-owned properties with the intent to get Trump to view the company more favorably.[5] From the time Trump took office until October 2020, AAR obtained 10 new federal contracts worth a total of $1.35 billion.[5]

References
  1. "SEC Form 10-K". www.sec.gov.
  2. "AAR Corp Profile". equities.com. Equities.com, Inc. January 17, 2018. Archived from the original on January 17, 2018. Retrieved January 17, 2018.
  3. "AAR Corp. History". Funding Universe. January 17, 2018. Archived from the original on January 17, 2018. Retrieved January 17, 2018.
  4. "Global Locations". AAR Corp website. January 17, 2018. Archived from the original on January 17, 2018.
  5. Confessore, Nicholas; Yourish, Karen; Eder, Steve; Protess, Ben; Haberman, Maggie; Ashford, Grace; LaForgia, Michael; Vogel, Kenneth P.; Rothfeld, Michael (2020-10-10). "The Swamp That Trump Built". The New York Times. ISSN 0362-4331. Retrieved 2020-10-10.

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