StandardAero, Inc. traces its origins to 1911 in Winnipeg, Canada, where it began as Standard Machine Works, servicing auto and truck engines. In 1936, the company expanded into aircraft engine repair, and by mid-century had gained authorization to overhaul engines from leading manufacturers like Pratt & Whitney and de Havilland. Its growth continued over decades through strategic acquisitions and global expansion, ultimately establishing itself as a leading independent aerospace maintenance, repair, and overhaul (MRO) provider across fixed-wing, rotary-wing, military, commercial, and business aviation sectors.
StandardAero now operates two primary segments: Engine Services—which includes on-wing support, shop visits, component repair, asset management, and engineering—and Component Repair Services, boasting one of the world’s largest independent component MRO businesses. The company maintains a global footprint with around 7,500 employees distributed over approximately 49 facilities and mobile service teams. It is fully authorized by OEMs to service engines and systems from GE, Pratt & Whitney, Rolls Royce, Honeywell, CFM International, and others.
Known for operational excellence and deep industry partnerships, StandardAero has recently expanded its capabilities through the acquisition of Aero Turbine Inc. in 2024 to bolster military engine and accessory MRO capacity. It also signed a landmark 15-year CFM LEAP engine support agreement in 2025 with a major Middle Eastern airline and finalized an agreement to triple its LEAP-1A/B shop-visit capacity in San Antonio, enhancing support for A320neo and 737 MAX fleets through 2029.
On the future front, StandardAero is investing in infrastructure—such as the new 80,500 sq ft hangar in Augusta, GA, set to complete in 2025—and preparing to lead innovation in aviation support. The company is spearheading certification for Green Taxi Solutions' electric “zero engine taxi” technology, and has partnered with Thales to install ‘StableLight,’ one of the world’s first four-axis digital autopilots for light helicopters. These initiatives reflect StandardAero's commitment to shaping the future of aerospace services through advanced technologies and infrastructure enhancements.
StandardAero marks its public-market debut with an IPO in October 2024 on the NYSE under the ticker “SARO,” achieving a valuation above $10 billion—reflecting its scale and the strength of its independent aerospace MRO platform. With a century of heritage, global reach, OEM-authorizations, and ongoing investments in infrastructure and next-gen technologies, StandardAero stands poised to sustain leadership in aerospace MRO for years to come.