StandardAero, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Paul A. McElhinney
- Full Time Employees
- 8,000
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- 6710 North Scottsdale Road Scottsdale AZ United States of America 85253
- IPO Date
- Oct 2, 2024
- CIK
- 0002025410
- Website
- standardaero.com
- Similar Companies
- Business
- StandardAero, Inc. is an independent pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving commercial aerospace, military and helicopter, and business aviation end markets globally. The company offers a comprehensive suite of products and services including engine maintenance, repair and overhaul (MRO); engine component and accessory repair; on-wing and field service support; asset management; engineering and related solutions; and manufacturing of engine new parts. Its operations are organized into two segments: Engine Services, delivering full aftermarket engine and airframe MRO and support; and Component Repair Services, which provides extensive repair services for engine components and accessories across commercial, military, marine, land, and oil and gas markets. StandardAero also manufactures aircraft parts such as avionics, engines, and airframes. Founded in 1911 and headquartered in Scottsdale, Arizona, StandardAero operates significant facilities in North America, including recent expansions in Winnipeg, Manitoba, and San Antonio, Texas. The company has significantly grown through strategic acquisitions, including the acquisition of Aero Turbine Inc. in 2024, which expanded its military engine and accessories MRO capabilities. In 2024, StandardAero became publicly traded on the New York Stock Exchange under the ticker SARO. It also enhanced its service offerings through a strategic partnership with Salus Aviation in 2024 to strengthen helicopter repair services and broadened its CFM56-7B engine MRO portfolio by introducing exchange engine solutions to improve aircraft availability. Additionally, in 2024, StandardAero, in collaboration with partner Thales, launched an upgraded StableLight four-axis autopilot for the AS350/H125 helicopter, achieving wider certification across multiple jurisdictions. The company maintains long-term support contracts, including a 15-year agreement signed in 2025 with a major Middle Eastern airline to provide MRO services for CFM International LEAP engines. Recent facility expansions, such as the 70,000 square foot addition to its Winnipeg site, aim to enhance support for CF34-3/8 engines, reflecting ongoing investment in capacity and technological capabilities. StandardAero is owned by The Carlyle Group and operates with over 6,000 employees worldwide, maintaining a leading position as a comprehensive aerospace aftermarket services provider and a key independent MRO player in the global aviation industry.
Company News
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