StandardAero is expanding its portfolio of MRO and component repair services by acquiring Safe Aviation Solutions. The acquisition will bring additional accessories and line replaceable unit (LRU) repair capabilities to the business unit, according to Rick Stine, president of StandardAero’s Components, Helicopters & Accessories division.
Safe Aviation Solutions, formerly the MRO services subsidiary of the B&E Group, provides repair, overhaul, modification and testing of engine fuel system components, aircraft power generation systems and pneumatic, hydraulic and actuation systems from two primary locations in South Florida. StandardAero says the company has an “outstanding reputation for repair quality on difficult-to-repair components,” including platforms for the Boeing 787 and engines such as the CFM56, Pratt & Whitney V2500 and Rolls-Royce RB211.
“Like StandardAero, Safe Aviation Solutions has a strong growth trajectory and is focused on serving important commercial aerospace programs and operators around the world,” says Russell Ford, chairman and CEO, StandardAero. “The company is a very strategic fit for StandardAero and is well positioned to capture additional new programs and also expand its scope of services on current programs.”
According to StandardAero, the addition of Safe Aviation Solutions’ two repair locations and approximately 120 employees will increase its footprint to 39 primary repair facilities and more than 6,100 employees worldwide. Additional terms of the transaction were not disclosed.