StandardAero, Inc.

StandardAero Wins Predictive Engine Maintenance Contract Supporting the United States Air Force’s F100-220 Engine Program

StandardAero won a U.S. Air Force award to apply its Maintenance Insight predictive maintenance suite to the F100-220 engine program, which powers more than 175 F-15 fighter aircraft. This expands the company's predictive maintenance support to a fifth engine type in the USAF fleet, following prior work on the T56, J85, TF33 and TF39 programs. No contract value was disclosed, but management signaled intent to extend the solution to additional USAF platforms and commercial fleets, supporting the aftermarket growth narrative.

•19d ago

StandardAero Teams With GMR Aero Technic To Support Operators in India

StandardAero signed a Supplier Service Agreement with GMR Aero Technic, India's largest third-party MRO provider, to deliver enhanced on-wing support for narrowbody engines to Indian operators. The initial focus is on CFM56-7B and LEAP-1A/1B engines; India has roughly 1,000 LEAP powerplants in service and another 3,200 on order, making it one of the fastest-growing aviation markets. The deal extends StandardAero's Asia-Pacific on-wing network less than a year after its GMF AeroAsia agreement in Indonesia, supporting long-term aftermarket revenue growth though no financial terms were disclosed.

•1mo ago

StandardAero Celebrates Official Opening of its Expanded Facility in Winnipeg

StandardAero celebrated the grand opening of a 70,000 sq. ft. expansion at its Winnipeg facility, growing the site's footprint by 40% and adding engine MRO capacity. The expanded facility provides full MRO support for GE Aerospace CF34-3/8 and CFM International CFM56 turbofan engines, which power platforms including the Embraer E170/E175, CRJ regional jets, Boeing 737 NG, Airbus 320ceo and the P-8A Poseidon. StandardAero employs 1,500 workers across eight Winnipeg facilities, has held CF34 GE-Branded Service Agreement rights since 2001 and a CFM56 General Support License Agreement since 2009, and management said the expansion positions it to meet growing CF34 and CFM56 support demand for years to come.

•1mo ago

StandardAero to Continue U.S. Air Force T56 Engine Depot Maintenance Support for C-130 Aircraft Globally

StandardAero was awarded a position on a 10-year U.S. Air Force contract for T56 engine depot maintenance, carrying a maximum ceiling value of $342.2 million. The indefinite-delivery/indefinite-quantity agreement covers depot-level repair and overhaul for the global fleet of more than 1,200 C-130 aircraft, supporting the U.S. Air Force, U.S. Navy and Foreign Military Sales customers. This award extends a partnership dating back to 1999, reinforcing StandardAero's status as the largest independent provider of MRO services for the Rolls-Royce T56 engine.

•2mo ago

SARO: 10-Q · periodic report

StandardAero reported Q2 2026 revenue of $1,599.7 million, up 4.6% year over year, with net income of $97.3 million, up 43.7% from $67.7 million a year earlier. Diluted EPS rose to $0.29 from $0.20, and operating income grew 24.3% to $168.5 million. Adjusted EBITDA reached $229.9 million with margin expanding to 14.4% from 13.4%. Engine Services generated $1,405.1 million of segment revenue and Component Repair Services $194.6 million, led by 5.7% growth in commercial aerospace and 5.6% growth in business aviation, partially offset by lower military sales and the removal of low-margin pass-through revenue. On capital allocation, the company repurchased $100.0 million of stock in the first half of 2026 under its $450.0 million authorization approved in December 2025, leaving $350.0 million available, including a $30.54-per-share buyback of 1,637,465 shares from a GIC affiliate. It carries roughly $2.3 billion of long-term debt with $613.6 million of revolver capacity, and Carlyle and GIC now own approximately 25.5% and 5.8%, respectively. Watch items include negative operating cash flow of $47.2 million in the first half driven by working capital build, ongoing remediation of material weaknesses in internal control over financial reporting, and tariff uncertainty following the July 2026 Section 301 actions, which remain subject to pending litigation.

SEC 10-Q•2mo ago

StandardAero Announces Second Quarter 2026 Results

StandardAero reported Q2 revenue of $1.6 billion, up 4.6% year-over-year, driven by robust demand in commercial aerospace and business aviation. Net income increased 43.7% to $97.3 million, while Adjusted Diluted EPS rose 24% to $0.40. Operational performance improved with Adjusted EBITDA growing 12.3% to $229.9 million and margins expanding 100 basis points to 14.4%. Free cash flow turned positive to $50.2 million, supported by supply chain initiatives. The company raised its full-year 2026 guidance for revenue, Adjusted EBITDA and Adjusted Diluted EPS, citing clear demand signals and strong first-half execution. StandardAero also closed the acquisition of Unified Turbines and signed a license agreement with a key OEM partner.

•2mo ago

StandardAero Chosen by GE Aerospace to Build, Maintain and Overhaul CT7-2E1 Engines for UK's New Medium Helicopter Fleet

StandardAero has been selected by GE Aerospace to build, maintain, and overhaul CT7-2E1 engines for the UK Ministry of Defence's New Medium Helicopter fleet. The agreement covers 46 engines powering 23 Leonardo AW149 helicopters, with deliveries scheduled between 2030 and 2033, plus spares and future export support. Work will be centered at StandardAero's Gosport facility, extending an 85-year relationship with the UK MOD and sustaining skilled jobs in the region.

•3mo ago

StandardAero Signs LEAP LeaseTEAM Agreement with Global Lessor Avolon

StandardAero signed a multi-year LeaseTEAM agreement with global lessor Avolon to provide comprehensive maintenance services for CFM LEAP-1A and LEAP-1B engines. The non-exclusive agreement provides Avolon and its airline customers with priority induction bookings and not-to-exceed pricing, acting as a backstop for maintenance requirements across Avolon’s fleet of approximately 150 A320neos and 54 737 MAX aircraft. This partnership leverages StandardAero’s 810,000 sq. ft. San Antonio facility, where the company has industrialized over 475 component repairs for the LEAP family.

•3mo ago

StandardAero to Provide MRO Services for Arajet CFM LEAP-1B Fleet

StandardAero signed an agreement with Arajet to provide MRO services for the CFM LEAP-1B engines powering the Dominican Republic airline's Boeing 737 MAX 8 fleet. The contract covers performance restoration shop visits, quick-turn visits, component repairs, and engine health monitoring to be performed at StandardAero's San Antonio facility. This new business expands StandardAero's reach in Latin America, complementing its status as a CFM LEAP Premier MRO provider with over 475 industrialized component repairs.

•3mo ago

StandardAero Inducts First SunExpress CFM LEAP-1B Engine Under New Agreement

StandardAero has inducted the first CFM LEAP-1B engine for SunExpress, following the airline's selection of StandardAero as a designated MRO provider for the engine type. The agreement enables SunExpress, a joint venture between Turkish Airlines and Lufthansa, to utilize StandardAero's San Antonio facility for performance restoration shop visits, quick-turn services, and component repairs for its Boeing 737-8 fleet. StandardAero continues to expand its LEAP support capabilities, having industrialized more than 475 component repairs for the LEAP-1A and LEAP-1B engine families.

•3mo ago

StandardAero Announces Upgraded S&P Rating

S&P Global Ratings upgraded StandardAero's issuer credit rating to 'BB' from 'BB-' and raised its issue-level ratings on senior secured debt by one notch. The upgrade was driven by the company's strategic expansion investments, stable margin profile, consistent top-line growth, and positive cash flow expansion. This action follows a similar upgrade from Moody's in May 2026, reinforcing the company's improved financial standing within the aerospace MRO sector.

•4mo ago

StandardAero Announces Upgraded Moody’s Ratings

Moody’s upgraded StandardAero’s corporate family rating and probability of default rating from Ba3 to Ba2. The agency also upgraded the company’s senior secured first lien term loans and revolving credit facility from Ba3 to Ba2. The upgrades reflect consistent positive earnings performance and a diversified position across commercial, business aviation, and military end markets.

•5mo ago

StandardAero Announces First Quarter 2026 Results

StandardAero reported Q1 2026 revenue of $1.6269 billion, a 13.3% increase from $1.4356 billion in the prior year period. The company also announced the acquisition of Unified Turbines, which adds hot section component repair capabilities and strengthens its CRS offering. StandardAero raised its FY26 guidance for revenue, adjusted EBITDA, and adjusted EPS, reflecting confidence in its business aviation and commercial aerospace segments.

•5mo ago

StandardAero Acquires Unified Turbines, LLC to Expand Component Repair Services Segment Capabilities on Key Engine Platforms

StandardAero acquired Unified Turbines, LLC in an all-cash transaction, marking its 14th acquisition since 2015 and expanding its Component Repair Services segment. Unified Turbines provides hot section repair for Pratt & Whitney and Honeywell turboprop engines, supporting aircraft such as the King Air and Pilatus PC-12. The move is described as value-accretive and synergistic, strengthening StandardAero's technical depth and turnaround times across its MRO network.

•5mo ago

StandardAero to Provide Repair and Overhaul Support on MT7 Engine Powering U.S. Navy Ship to Shore Connector Hovercraft

StandardAero has entered a long-term agreement with Rolls-Royce to provide repair and overhaul support for the MT7 engine that powers the U.S. Navy’s Ship to Shore Connector hovercraft. The work will be conducted at the company’s Maryville, TN facility, leveraging the site’s capacity to process more than 600 engines per year. This agreement extends StandardAero’s existing relationship with Rolls-Royce, adding the MT7 to a portfolio that already includes support for the AE 1107C and other military engine models.

•6mo ago