GlobeNewswire Inc | Jul 26, 2021 04:00PM EDT

July 26, 2021

Wood Dale, July 26, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading independent provider of aviation services to commercial and government operators, has once again been named as a Top 100 for 2021 defense company by DefenseNews.

DefenseNews publishes a list of the top 100 defense companies each year based on their defense revenues. Globally, revenues of the top 100 defense companies climbed for a fifth consecutive year, a sign that 2020 was good for the defense industry despite the pandemic.

AAR is honored to be recognized again as a top 100 defense company, said Nick Gross, AAR Senior Vice President Integrated Solutions. We saw continued strong performance and growth across our global government portfolio. The incredible skills and resiliency of our employees made the difference and helped propel us through this very unique and turbulent year.

For the full listing of the DefenseNews Top 100 for 2021 Companies, click here.

For more information about AARs government business, please visit aarcorp.com/integrated-solutions/government-solutions/.

For AARs veteran career options, visit aarcorp.com/careers/explore/#vets.

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About AARAAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AARs Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AARs Expeditionary Services include Mobility Systems operations. Additional information can be found at www.aarcorp.com.

This press release contains certain statements relating to future results,which are forward-looking statements as that term is defined in the PrivateSecurities Litigation Reform Act of 1995 which reflect management?sexpectations about future conditions. Forward-looking statements may also beidentified because they contain words such as ??anticipate,?? ??believe,????continue,?? ??could,?? ??estimate,?? ??expect,?? ??intend,?? ??likely,????may,?? ??might,?? ??plan,?? ??potential,?? ??predict,?? ??project,????seek,?? ??should,?? ??target,?? ??will,?? ??would,?? or similar expressionsand the negatives of those terms. These forward-looking statements are based onbeliefs of Company management, as well as assumptions and estimates based oninformation currently available to the Company, and are subject to certainrisks and uncertainties that could cause actual results to differ materiallyfrom historical results or those anticipated, including the Company?s continuedstrong performance and growth across its global government portfolio. For adiscussion of these and other risks and uncertainties, refer to ?Risk Factors?in our most recent Annual Report on Form 10-K and subsequent Quarterly Reportson Form 10-Q. Should one or more of these risks or uncertainties materializeadversely, or should underlying assumptions or estimates prove incorrect,actual results may vary materially from those described. These events anduncertainties are difficult or impossible to predict accurately and many arebeyond the Company?s control. The Company assumes no obligation to update anyforward-looking statements to reflect events or circumstances after the date ofsuch statements or to reflect the occurrence of anticipated or unanticipatedevents.

Daniela PietschAAR Corp+16302275100editor@aarcorp.com