Architect Equity, a private investment firm, completed the acquisition of the Aerospace Composites division of AAR, a global aerospace and defense aftermarket solutions company. Financial terms were not disclosed. “We are excited to enter this next phase with Architect Equity to build upon the company’s successful history of designing and manufacturing complex aerospace products. We remain very committed to delivering solutions to our long-standing customer base and to pursue new opportunities in the composites manufacturing space to drive additional growth,” Ben Vargas, Aeromatrix Composites CEO.