PHOENIX, AZ – April 26, 2006 – Aviation Week and Space Technology and Overhaul & Maintenance magazines presented the Charles B. Ryan award to Standard Aero for Business Innovation in “Delivering Best Value Readiness for the Warfighter” at the 2006 MRO Conference.
The award is meant to honor the memory of Charlie Ryan, aerospace leader and former president of The NORDAM Group, by recognizing leading companies and organizations that implement new ways to improve operations, service, profits, products, efficiency, and effectiveness while sustaining or improving safety and technical proficiency.
“Standard Aero is well deserving of the Ryan Award in the MRO supplier category for their leading MRO innovations.” said Ed Hazelwood, Editorial Director of Aviation Week Group. “Standard Aero’s proven Lean-Cellular approach, plus decades of MRO experience on the C-130 T56 engine, has improved engine performance, readiness and reliability for the U.S. Air Force, especially during the Global War on Terrorism.
Judges recognized these and other contributions:
- Reduced Cycle Times. Standard Aero has reduced in-house T56 MRO cycle times by an average of 50-75% (From 90-100 days to less than 35 days).
- Increased Average Time On Wing (ATOW). Standard Aero maintained engines have a 50% higher Inherent ATOW then other engines.
- Increased Number of Spares. Standard Aero has increased T56 engine spares inventory to an unprecedented high, according to the Air Force.
“It is a great honor and privilege to be recognized for our industry-leading innovations,” said David Shaw, Standard Aero’s Chief Executive Officer.
Standard Aero is a world leader in MRO services on General Electric, Rolls-Royce, Honeywell, and Pratt & Whitney Canada engines used by regional airline, business aviation, helicopter, government, and military operators. Standard Aero’s unique transformation practices result in efficiency and better business performance. Standard Aero employs 2,500 people around the world. Sales in 2005 were $761M.