StandardAero Holdings Inc.

08/26/2024 | Press release | Distributed by Public on 08/26/2024 11:53

StandardAero Acquires Aero Turbine Inc. to Expand Military Engine and Accessories MRO Capabilities

SCOTTSDALE, Ariz. - August 26, 2024 - StandardAero announced today that it has acquired Aero Turbine Inc., a comprehensive provider of maintenance, repair, and overhaul (MRO) services and consultative repair solutions for military engines and accessories from Gallant Capital, a Los Angeles-based private equity firm. Founded in 1978, Aero Turbine Inc. is located at the Stockton Metropolitan Airport in northern California.

Aero Turbine Inc. represents StandardAero's 13th acquisition since 2015 and the company employs nearly 200 highly skilled and experienced technicians and operates from its fully integrated 60,000+ square feet Stockton facility that also includes an outdoor engine test cell.

Aero Turbine Inc.'s fully integrated facility provides engine component repair and MRO services and value-added engineering services for U.S. and foreign military customers. Customers include U.S. Air Force, U.S. Navy, foreign militaries, Magellan Aerospace and ATAC, a Textron company.

Aero Turbine Inc. is an FAA Repair Station that services J85, J69 and J79 engines and accessories that power T-2, T-37, T-38, F-5, A-37, F-4 and BAE Hawk aircraft worldwide. Aero Turbine Inc. has built its reputation on a history of exemplary performance, reliability and service working hand-in-hand to satisfy its customers. The company also supports multiple legacy and specialty engines and is the source of innovative repair solutions for both domestic and international military aircraft fleets.

The company carries a robust J85 inventory to support military and commercial contracts and its employees are qualified with specialized training capabilities for all J85 accessories and engine component repairs.

"Like StandardAero, Aero Turbine Inc. is committed to lean-driven performance and operational excellence," said Russell Ford, Chairman & CEO of StandardAero. "Aero Turbine Inc.'s unparalleled experience and services allows military aircraft operators to maintain the highest level of performance and mission success."

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StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is owned by global investment firm Carlyle.