StandardAero Accelerates Growth with Appointment of Two New Executives

Scottsdale, Ariz. – March 22, 2016 – StandardAero has appointed two senior executives to new key roles to help drive the company’s aggressive plans for growing its business. Both leaders are aerospaceindustry veterans who bring decades of experience to the company’s already strong leadership team.

Scott Starretthas been appointed to a new role as President of Military & Energy. He joinsStandardAero from his previous service as Vice President, Strategy and Business Development for Sikorsky Aircraft, a Lockheed Martin Company. Starrett has served at Sikorsky/United Technologies since 2008 in additional strategic positions including Vice President of Washington Operations and Government Business Development as well as President of Sikorsky Military Systems. Prior to that, Scott in wide variety of progressive leadership roles at Honeywell Aerospace,including Vice President & General manager of the company’s multi-billion dollar Defense & Space market segment.

“In order to drive more focused growth in our military business, we are creating this new role and putting in place a very experienced leader,” said Russell Ford, CEO of StandardAero. “In addition, this appointment will allow the company to focus more attention toward growing our Components, Helicopter and Accessories business units, which will continue to be headed by Rick Stine.”

Alex Trapp has been appointed to a new role as Senior Vice President of Business Development, StandardAero. Trapp joins the company from his previous role as Vice President, Commercial at Rolls-Royce North America, Inc., where he has served since 2008, driving the company’s strategy, long-term contracts, bidding and negotiating new business opportunities. In addition to his experience at Rolls-Royce, Trapp brings extensive airline experience to StandardAero, having served in strategy and finance leadership roles for Expressjet Airlines, Inc. and Continental Airlines, Inc.

“Given the maturity path of our business and the stability of our resources in each division, now is the time to bring in a big picture executive, one who can look across all business units and help us win additional engine platforms and large customer contracts as well as helping us evaluate and prioritize potential acquisitions, mergers and joint ventures,” Ford explained further.

StandardAero is one of the world’s largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components, energy and VIP completions markets. The company celebrated its 100th year of industry leadership in 2011. StandardAero is owned by and partnered with Veritas Capital, a leading private equity firm headquartered in New York City. Veritas invests in companies that provide critical products and services to government and commercial customers worldwide including those operating in aerospace & defense, healthcare, technology, national security, communications, energy and education. More information can be found on the company’s web site at