StandardAero Wins U.S. Air Force T56 Series 3.5 Engine Upgrade Contract
SCOTTSDALE, Ariz. –April 12, 2016 – The United States Air Force has awarded StandardAero a contract to upgrade Rolls-Royce T56-A-15 engines powering its fleet of C-130H aircraft. The upgrade involves the overhaul and repair of engine compressor and turbine modules and the installation of the Series 3.5 engine upgrade hardware. The upgrade will be performed at StandardAero’s engine MRO facility located at Port San Antonio, Texas.This marks the second T56 contract award of 2016 for StandardAero San Antonio. In January, the U.S. Navy awarded StandardAero with a one- year contract for the maintenance, repair, and overhaul of the Navy’s fleet of T56 engines.The Rolls-Royce T56 Series 3.5 Engine Upgrade kit, developed by Rolls-Royce, uses proven technologies and materials to improve fuel efficiency, reduce maintenance costs, increase reliability and enhance performance.“StandardAero has been the USAF’s T56 MRO provider for many years and has a proven track record of producing a product that maximizes performance and time on wing for these engines,” said Terry Hastman, Vice President & General Manager of StandardAero Defense Services, San Antonio. “We are excited to have been selected by the USAF to continue this service and install the Series 3.5 engine upgrade kits with the expected benefit of extending T56 engine life and efficiency.” The value of the contract is estimated to be $43 million and will run through 2018.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.
