StandardAero
Automotive Service & Collision Repair · Arizona, United States · 6,000 Employees
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Headquarters
6710 N Scottsdale Rd Ste 250, Scottsdale, Arizo...Phone Number
(480) 377-3100Website
www.standardaero.comRevenue
$4.8 BillionIndustry
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StandardAero News & Media
CCC, StandardAero sign contract worth over $80M to repair U.S. Navy surface fleet engines
OTTAWA, Ontario, Nov. 20, 2024 (GLOBE NEWSWIRE) -- CCC is pleased to announce that it was awarded an indefinite delivery/indefinite quantity (IDIQ) contract worth over $80 million from the United States Department of Defense (U.S. DoD) for engine repair services by StandardAero. Under CCC’s contract, StandardAero will repair 501-K34 Turbine Engines used by the U.S. Navy surface fleet. The 501-K34 is used in a variety of ships for power generation and mechanical drive applications.StandardAero Announces Third Quarter 2024 Earnings
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO) announced results today for its third quarter ended September 30, 2024 (“Third Quarter 2024”). Third Quarter 2024 Highlights Revenue increased 13.2% year-over-year to $1,244.6 million Net Income was $16.4 million; Net Income Margin was 1.3% Adjusted EBITDA increased 26.0% year-over-year to $168.4 million Adjusted EBITDA Margin was 13.5%, an increase of 137 basis points compared to the prior year’s quarter Capital expenditures were $2StandardAero Announces Third Quarter 2024 Earnings Release and Conference Call Date
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) will report its third quarter 2024 earnings results after the market closes on Wednesday, November 13, 2024. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero’s investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be postStandardAero Announces Pricing of its Upsized Initial Public Offering
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (“StandardAero”) announced today the pricing of its initial public offering of 60,000,000 shares of its common stock, at a public offering price of $24.00 per share. The shares include 53,250,000 shares to be issued and sold by StandardAero and 6,750,000 shares to be sold by existing stockholders. The size of the offering was upsized from the previously announced 46,500,000 shares. Shares of StandardAero common stock are expected to begin t
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Frequently Asked Questions Regarding StandardAero
StandardAero is a global provider of aircraft engine maintenance, repair, and overhaul (MRO) services. Based in Scottsdale, Arizona, it serves commercial, military, and industrial clients, offering expertise in aviation engineering and technology since its founding in 1911.... Read More