StandardAero selected by GE to support engines for UK military helicopter fleet

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โดย Seeking Alpha·Read original
Summary · why it matters

StandardAero has been selected by GE Aerospace to build, maintain and overhaul the CT7-2E1 engines that will power the United Kingdom's New Medium Helicopter fleet. The agreement covers 46 engines plus spares, replacement parts and long-term support for 23 Leonardo AW149 helicopters ordered under the UK Ministry of Defence's New Medium Helicopter program, with deliveries scheduled between 2030 and 2033. Work will be performed at StandardAero's Gosport facility in southern England, which will also handle engines for future export aircraft. The contract expands StandardAero's military engine maintenance business and its long-standing relationship with GE Aerospace, while strengthening its position in the UK defense market. Financial terms were not disclosed.

Impact on stocks 3

Aerospace & Aviation▲ · 2 stocks
StandardAero, Inc.
SARO
▲ PositiveDemandrelevance

StandardAero won a contract to build, maintain and overhaul engines for UK military helicopters, expanding its military engine business.

GE Aerospace
GE
▲ PositiveDemandrelevance

GE Aerospace selected StandardAero for engine support, expanding its service network and reinforcing its relationship with a key partner.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Leonardo SpA
0ONG
▲ PositiveDemandrelevance

Leonardo's AW149 helicopters are the platform for the UK contract, boosting its defense sales and long-term support revenue.

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