Lockheed Martin Canada To Acquire Engine MRO Assets

Lockheed Martin is to buy the MRO business of Aveos Fleet Performance of Montreal, Canada. Lockheed Martin CEO and president Marillyn Hewson described the acquisition as a chance to enhance the company’s ability to “expand into attractive adjacent market opportunities” and stated that its plan was to “begin engine MRO operations for commercial and military customers later this year”. The new facility will be named Kelly Aviation Center Montreal and becomes part of Lockheed Martin Aeronautics’ engine MRO line of businesses, which also has a facility in San Antonio, Texas. Lockheed also plans to hire a number of Aveos employees.

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