TEMPE, Ariz. – The Carlyle Group has signed a definitive agreement to acquire Garrett Aviation Services from General Electric Company. Garrett Aviation Services, headquartered in Tempe, Ariz., is one of the world’s leading providers of comprehensive maintenance services for corporate aviation. Garrett Aviation Services provides a wide-range of general aviation services, including engine and airframe […]
Washington, D.C. – July 5, 2004 – Global private equity firm The Carlyle Group today announced that, in partnership with Meggitt PLC, it has signed a definitive agreement to acquire Dunlop Standard Aerospace Group. The transaction is valued at approximately $1.4 billion and is expected to close in August. Upon closing of the transaction, Carlyle […]
Dallas – TX – April 12,2004 – Airbus as well as the Brazilian Air Force authorized Associated Air Center to announce the signing of a contract with Airbus for the completion of a Head of State A-319 ACJ aircraft for the Brazilian Air Force. The aircraft will arrive at Associated Air Center in Dallas, TX […]
April 7, 2004 – ACRO Aerospace Inc. (ACRO), a subsidiary of Vector Aerospace Corporation, has signed a licensing agreement with General Electric Canada for overhaul of General Electric (GE) T700 model engines. The agreement covers overhaul of military T700 helicopter engines for fifteen countries, covering S-70/A/B, UH-60/A/L and SH-2G helicopters. The license builds on a […]
Winnipeg, MB Canada March 10, 2004 – Standard Aero Limited (Canada) has modified its Model 250 test cell by implementing quick disconnect test cell carts. The test cell carts allow Standard Aero Ltd. technicians the ability to rig Model 250 engines for test while another engine is running in the test cell. “The modification of […]
Winnipeg, MB Canada March 10, 2004 – Standard Aero has increased Model 250 capability at its Concord, North Carolina Service Center to now perform complete overhaul of modules. This increase in capability is as a direct result of customer feedback. “Our customers wanted us to service their Model 250 engines within the United States so […]
San Antonio, TX January 05, 2004 – Standard Aero has been awarded a five-year contract with a total contract ceiling of $423.7 Million to provide Depot Level Repairs for the Navy’s T56 Series III engine modules. The contract is structured as an estimated $84.7 Million indefinite delivery/indefinite quantity one year contract, with four renewable one-year […]
November 11, 2002 – ACRO Aerospace Inc. (ACRO), a subsidiary of Vector Aerospace Corporation, has signed a Memorandum of Agreement with General Electric Canada Inc., GE Aircraft Engine Canada Division, and GEAE Technology Inc. for in-service support and licensed assembly of General Electric T700 aircraft engines. The agreement covers in service support of the T700 […]
January 26, 2001 — Vector Aerospace Corporation (Vector) today announced the recent wins of four international military contracts valued at $32.5 million. Vector’s Helicopter Group – ACRO Aerospace and Helipro International – won three of these awards. The first award relates to a $15.5 million program for the overhaul and refurbishment of the Venezuelan Army’s […]
Vector Aerospace has been awarded three new engine distributor and designated overhaul facility agreements from Pratt & Whitney Canada Inc. and it has renewed and expanded its existing PW100 licence. These agreements will be assigned to existing Vector subsidiaries. PWC, a subsidiary of United Technologies and the original equipment manufacturer of the engines, designated Vector […]
