Press Release List

Monday, February 06, 2017

StandardAero Awarded $45 Million (CAD), Four-Year Royal Canadian Air Force Propulsion System Maintenance Contract

Scottsdale, Ariz. – February 6, 2017– In support of the Royal Canadian Air Force (RCAF), Public Services and Procurement Canada (PSPC) awarded an initial four-year performance-based contract to StandardAero for T56 propulsion sustainment on its fleet of CC-130 Hercules and CP-140 Aurora aircraft. The award was the culmination of the Department of National Defence'snew procurement process that included industry engagement and an open competition for aengine platform that has been supported by StandardAero for over 50 years. The contract value was initially funded with $45M CAD and is subject to funding increases as required. Meeting and exceeding program objectives can extend this performance based contract to match the aircraft's service life.

The contract covers propulsion system maintenance and support including T56 Power Sections ,QECs (CC130), RGBs, 54H60 Propellers, APUs and modules/accessories. It also includes requirements for providing other services including program management, fleet management, engineering and publications as well as supply chain management in support of the CC-130/CP-140 fleets.

"StandardAero is providing an all-encompassing T56/54H60 propulsion program in terms of maintenance and services support," said Scott Starrett, President of StandardAero's Military & Energy Sector. "We are the preferred in-country solution past and present and are pleased to continue to partner with the RCAF with a mutually beneficial long-term relationship."

StandardAero has provided propulsion support to the RCAF from the onset of the program, dating back to 1962. RCAF was StandardAero's launch customer for engine maintenance and this contract award solidifies the ongoing relationship with DND for MRO support services in Canada.

"StandardAero continues to be the world leader in providing T56 propulsion support services , with an intense focus on performance excellence and responding to customer's needs in a very competitive market. We are humbled that this new contract will continue our long tradition of excellence in supporting the RCAF at our Winnipeg, Canada facility with solutions that continue to offer best value to the Crown" said Fritz Wolkenstein, Vice President & General Manager of StandardAero's Defence Services Winnipeg facility.

With the award of this contract, StandardAero continues to maintain its industry-leading T56 market share, deliveringall-encompassing products and services to the RCAF and customers around the world.




StandardAero is one of the world's largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components, energy and VIP completions markets. The company celebrated its 100th year of industry leadership in 2011. In 2015, StandardAero was purchased by Veritas Capital, a leading private equity firm headquartered in New York City. Veritas invests in companies that provide critical products and services to government and commercial customers worldwide including those operating in aerospace & defense, healthcare, technology, national security, communications, energy and education. More information can be found on the company's web site at www.standardaero.com.