Press Release List

Wednesday, January 10, 2018

StandardAero Awarded $600Million Multi-Year U.S. Air Force T56 Engine MRO Contract To Support C-130H Aircraft

Scottsdale, Ariz. –January 10, 2018 –The United States Air Force (USAF) has awarded its Rolls-Royce T56 Engine Depot Overhaul contract to StandardAero, allowing the company to continue its support of the USAF fleet of C-130H aircraft for an additional 8 ½ years, as an exclusive provider. The total contract value is more than $600M and work will be performed at StandardAero's facilities in San Antonio, Texas and Winnipeg, Manitoba, Canada.

The competition for the award was conducted in 2017, following a series of short-duration T56 maintenance contracts. The contract was awarded in late December.

Under the new agreement, StandardAero will continue to provide the same high quality support the USAF has experienced previously, but at a reduced cost. In addition, the contract now includes support for the new 3.5 engine configuration and associated components.

"This is a fantastic achievement for our T56 teams in San Antonio and Winnipeg, who have continuously earned high performance ratings for our Air Force customer," said Mark Buongiorno, VP/GM of StandardAero San Antonio. "With this longer duration contract, we can work with the USAF to focus on time-on-wing improvement initiatives, which will help optimize the life-cycle-cost savings for the fleet of T56 engines."

"Our San Antonio facility now has a broad and continued volume of work, and strong relationship with the USAF, U.S. Navy and OEMs," said Scott Starrett, President of StandardAero Military and Energy division. "We will continue to leverage new growth opportunities for ourfacility, and for other StandardAero divisions."




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 and energy 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.