I dunno what version of AIX you are implying here but....
For AIX 4.3 here is a command page... it is the command "no"
http://nscp.upenn.edu/aix4.3html/cmds/aixcmds4/toc.htmBut you'd use it as
no -o tcp_ttl=150
no -o udp_ttl=150
the default values for TTL's on AIX are:
TCP: 60
UDP: 30
You may need to make a script onstartup or something to that extent to make it permanent (I do not know if it is or not). But that should be easy