AAR Acquires Aerostrat to Boost Maintenance Planning Software

AAR acquires Aerostrat to boost maintenance planning software

AAR CORP., a major provider of aviation services to commercial and government operators, MROs and OEMs, has acquired Aerostrat. The deal is worth US$15 million plus up to US$5 million in contingent consideration. The move strengthens AAR’s software portfolio and enhances the enterprise resource planning capabilities of its Trax subsidiary. Aerostrat is a respected provider of long-range aviation maintenance planning software. Its tools are used …

AAR acquires Aerostrat for MRO software - Asian Aviation

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AAR Corp. acquires Aerostrat Software

AAR has acquired software company, Aerostrat

AAR acquires maintenance planning software company

AAR Corporation, a diversified provider of aviation services, has acquired Aerostrat, a specialised long-range maintenance planning software company, in a deal valued at USD 15 million. The agreement also includes a potential additional payment of up to USD 5 million based on performance. The strategic acquisition integrates Aerostrat’s flagship product, Aerros, into AAR’s portfolio, bolstering the enterprise resource planning (ERP) capabilities…