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StandardAero Awarded T56 Engine MRO Contract

Tempe, Ariz. – May 8, 2013 – StandardAero announced that it has been awarded a $30M contract to provide T56A-16 engine overhaul for the Japan military. The contract is awarded through the U.S. Navy’s Foreign Military Sales (FMS) program.

“We are honored to be part of the U.S. Navy and U.S. Air Force team supporting Japan’s requirement,” said Harinder Grewal, Senior Vice President, Government and Military, StandardAero. “We have supported Navy and Air Force T56 engines for many years and are excited to add the Japanese fleet to our list of customers.”

The engines will power six KC-130R aircraft which are currently being procured by the government of Japan. The KC-130R aircraft are used for air-to-air refueling and had previously been retired to the Aerospace Maintenance and Regeneration Group (AMARG) – “Boneyard” at Davis-Monthan AFB, in Tucson, Ariz.

The aircraft will be overhauled at Hill AFB in Ogden, Utah, while the T56 engines will be restored to “like new” condition by StandardAero at the company’s San Antonio, Texas and Winnipeg, Canada MRO facilities. The contract is expected to be completed in July, 2014.

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. A Dubai Aerospace Enterprise (DAE) company, StandardAero provides a global service network of 13 primary facilities in the U.S., Canada, Europe, Singapore and Australia, along with an additional 50 sales and field service locations. The company celebrated its 100th year of industry leadership in 2011.

Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aerospace company specializing in maintenance, repair and overhaul (MRO) services, aircraft completions and aircraft leasing. The Company is headquartered in Dubai and operates in four continents and employs over 4,000 people. More information can be found on the company’s web site at www.dubaiaerospace.com.