Dubai, U.A.E. — Standard Aero, a Dubai Aerospace Enterprise (DAE) Engineering company, today announced an indefinite quantity three-year contract with the Royal Australian Air Force (RAAF) in support of its fleet of C130J Hercules aircraft.
The value of the base contract is estimated to be in excess of USD $45 million over three years. The agreement is a performance-based contract that has provisions for three one-year continuance options.
“Standard Aero has a long and successful partnership with the RAAF and we are particularly pleased to expand our relationship with this agreement,” said Rob Mionis, CEO of DAE Engineering. “This agreement is another example of the quality work and dedicated service that Standard Aero is delivering to a global customer base.”
“Standard Aero will manage the complete propulsion system powering the Royal Australian Air Force fleet of C130J aircraft,” said Paul Soubry, President and Chief Executive Officer. “Since the RAAF acquired this fleet, Standard Aero has provided maintenance on the C130J engines. This contract builds on our strong, extensive relationship and represents a natural evolution in our support.”
The RAAF C130J propulsion system agreement is a performance based contract that provides incentives and rewards for proactive service and continuous improvement.
The contract includes repair and overhaul of Lockheed Martin C130J Quick Engine Change Assemblies, Rolls-Royce AE2100D3 engines, Dowty R391 Propellers and Hamilton Sundstrand auxiliary power units.
It also includes supply chain management, program management, repair and overhaul of the associated repairable items and complete engineering support.
The agreement is a performance-based contract, and the company will be measured on key metrics such as availability, quality, reliability and program management.
Work will be performed at both a Standard Aero run facility at RAAF Base Richmond, New South Wales, Australia and at the AE2100 maintenance facility in Winnipeg, Manitoba, Canada.
Standard Aero and Landmark Aviation, Dubai Aerospace Enterprise (DAE) Engineering companies with $1.3 billion in combined annual revenue, specialize in engine maintenance, repair and overhaul, and nose-to-tail services that include airframe, interior refurbishments and paint for business and general aviation, air transport, and military aircraft. Associated Air Center produces luxury and VIP interiors for transport size aircraft. The companies, part of the DAE Engineering division, form a global services network of 12 primary facilities in the U.S., Canada, Europe, Singapore and Australia, with an additional 14 regionally located service and support locations.
DAE is a fast developing global aerospace, manufacturing and services corporation made up of six divisions – Airports, Capital, Engineering, Manufacturing, Services and University.
Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and to produce an integrated aerospace cluster, based at Dubai World Central – the new 140 square kilometer airport and logistics city. It is forming international partnerships at the highest level of industry with the aim of establishing one of the most innovative and successful businesses in the global aerospace industry within the next decade.
DAE’s shareholders include EMAAR, ISTITHMAR, Dubai Airport Free Zone Authority (DAFZA), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.