AAR Corporation Expands Trax Subsidiary with Acquisition of Aerostrat Maintenance Planning Software

Reuters
08/12
AAR Corporation Expands Trax Subsidiary with Acquisition of Aerostrat Maintenance Planning Software

AAR Corporation, a leading aviation services provider, has recently expanded the capabilities of its Trax subsidiary through the acquisition of Aerostrat, a prominent long-range maintenance planning software company. The acquisition, valued at $15 million with an additional contingent consideration of up to $5 million, enhances Trax's enterprise resource planning system offerings. Aerostrat's flagship tool, Aerros, known for its long-range heavy maintenance planning solutions, will now be integrated into Trax's suite of products while continuing to be available for all ERP platforms. This strategic move aims to foster greater integration and scope expansion for both Trax and Aerostrat customers, further strengthening AAR's position in the aviation services market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AAR Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CG49173) on August 12, 2025, and is solely responsible for the information contained therein.

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