Acquisitions (Tables)

9 Months Ended

Feb. 28, 2026

HAECO Americas

Acquisitions

Schedule of fair value of assets acquired and liabilities assumed

Accounts receivable	$	24.5
Contract assets		16.1
Inventory		16.2
Property and equipment		11.5
Right-of-use assets		92.0
Other assets		3.7
Accounts payable and accrued liabilities		(35.3)
Lease liabilities		(15.0)
Net assets acquired		113.7
Bargain purchase gain		(35.7)
Purchase price, net of cash acquired	$	78.0

ADI

Acquisitions

Schedule of fair value of assets acquired and liabilities assumed

Accounts receivable	$	13.1
Inventory		66.6
Intangible assets		75.8
Other assets		5.4
Accounts payable and other liabilities		(32.8)
Net assets acquired		128.1
Goodwill		9.0
Purchase price, net of cash acquired	$	137.1

Aerostrat

Acquisitions

Schedule of fair value of assets acquired and liabilities assumed

Current assets	$	0.7
Intangible assets		10.3
Deferred revenue		(0.6)
Deferred tax liabilities		(2.6)
Net assets acquired		7.8
Goodwill		12.3
Purchase price, net of cash acquired	$	20.1

Product Support

Acquisitions

Schedule of fair value of assets acquired and liabilities assumed

Accounts receivable	$	42.3
Contract assets		18.7
Inventory		62.8
Rotable assets		21.9
Property & equipment		44.6
Intangible assets		179.4
Investment in joint venture		17.9
Other assets		4.1
Accounts payable		(21.6)
Other liabilities		(14.9)
Net assets acquired		355.2
Goodwill		364.8
Purchase price, net of cash acquired	$	720.0