AAR reported fiscal 2027 first-quarter sales of $918 million, up 24% from $739.6 million a year earlier, while adjusted diluted earnings per share rose 38% to $1.49. Adjusted EBITDA increased 34% to $116.5 million, lifting the margin to 12.7% from 11.7%. Net income was $40.1 million, or $1.00 per diluted share. Growth spanned Parts Supply, Repair, Engineering and Software, and Government Solutions. AAR also announced an agreement to acquire a 65% controlling interest in MRO Holdings, a transaction it said would add scale and support its integrated aviation aftermarket strategy. The company expects second-quarter fiscal 2027 sales growth of 14% to 16% excluding Legacy Commercial Programs and an adjusted EBITDA margin of 13.0% to 13.4% on the same basis. The earnings call was rescheduled to 7:00 a.m. Central Time on Sept. 29, 2026, to discuss the results and acquisition.