AAR CORP. (NYSE: AIR) announced today that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders.  The dividend will be paid on November 4, 2011, to stockholders of record as of the close of business on October 24, 2011.  Future cash dividends will be subject to Board of Directors approval.

AAR is a leading provider of products and value-added services to the worldwide aerospace and government and defense industries.  With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and government and defense customers through four operating segments: Aviation Supply Chain; Government and Defense Services; Maintenance, Repair and Overhaul; and Structures and Systems.  More information can be found atwww.aarcorp.com.