AAR Corp. shares recently reached a new 52-week high as investors bid up the stock on expectations of continued growth in its aerospace aftermarket business. This milestone reflects a year-to-date gain exceeding 30%, driven by robust demand across all four operating segments—Parts Supply, Repair & Engineering, Integrated Solutions and Expeditionary Services. Analysts point to a strengthened order backlog in the Repair & Engineering unit, which saw revenue rise 12% year-over-year in Q4 2025. Free cash flow improved by 18% over the same period, bolstering the company’s balance sheet and supporting a recent $100 million increase to its share repurchase authorization. With a debt-to-capital ratio sitting at a modest 25% and a dividend payout ratio under 20%, AAR appears well positioned to sustain its current momentum without compromising financial flexibility.

On January 28, 2026, AAR celebrated the near completion of an 80,000-plus square-foot expansion at its Airframe MRO facility in Oklahoma City, marking the creation of 200 new full-time positions. The project added three maintenance bays capable of accommodating all Boeing 737 variants, enabling AAR to induct additional Alaska Airlines aircraft under a long-term service agreement. The expansion builds on more than 50 years of maintenance operations at Will Rogers International Airport’s original Hangar 2 and incorporates advanced digitization processes co-developed with Alaska Airlines. Management anticipates that the enlarged capacity will generate incremental annual revenue of approximately $60 million once fully operational, and extend AAR’s competitive lead in narrow-body MRO services.