Russell Ford to Retire as CEO After Accomplished 13-Year Tenure; Will Remain as Executive Chairman through Year-End Paul McElhinney Appointed Chief Executive Officer Effective October 1, 2026 StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services, today announced that, after 13 years leading the Company and 45 years in the aerospace industry, Russell Ford has informed the Board of Directors of his decision to retire as Chief Executive Officer. The Board of Directors has appointed Paul McElhinney, a 35-year industry veteran and the Company's current Lead Independent Director, to succeed Mr. Ford as CEO effective October 1, 2026. Mr.

Upgrades Driven by Strong Financial Performance and Positioning in Global Aerospace Engine MRO Market StandardAero, Inc. (NYSE:SARO) ("StandardAero" or the "Company"), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, announced today that Moody's Ratings ("Moody's") recently upgraded the Company's ratings based on its consistent positive earnings performance and diversified position across commercial, business aviation and military end markets globally. Moody's upgraded StandardAero's corporate family rating (CFR) to Ba2 from Ba3 and probability of default rating to Ba2-P

Double-digit Revenue Growth Across All End Markets StandardAero (NYSE:SARO) announced results today for the three months ended March 31, 2026 ("First Quarter 2026"). First Quarter 2026 Highlights Revenue increased 13.3% year-over-year to $1,626.9 million Net Income was $79.9 million; Diluted GAAP EPS was $0.24, Net Income as a percentage of Revenue was 4.9% Adjusted Diluted EPS was $0.33 up from $0.29 in the prior year's quarter Adjusted EBITDA increased $4.9 million year-over-year to $203.2 million; Adjusted EBITDA Margin was 12.5% Cash Flow used in Operations was ($119.6) million; Free Cash Flow for the quarter was ($133.7) million Announced acquisition of Unified Tu

StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced it has acquired Unified Turbines, LLC (Unified Turbines) in an all-cash transaction. Unified Turbines represents StandardAero's 14th acquisition since 2015 and eighth acquisition in its Component Repair Services (CRS) segment. Founded in 1997 and operating out of its facility in Milton, VT, Unified Turbines is an FAA Repair Station. The company provides hot section component repair and overhaul services for a range of Pratt & Whitney and Honeywell engines that power a variety of turb

StandardAero, Inc. (NYSE:SARO) will report its first quarter 2026 earnings results after the market closes on Thursday, May 7, 2026. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to the investor relations website prior to the conference call. The conference call may also be accessed by dialing (877) 407-9762 or (201) 689-8538 for telephone access to the live call. Please click here for international toll-free acc

StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced it has reached a long-term agreement with Rolls-Royce to provide defined repair and overhaul support from our Maryville, TN facility on the MT7 marine gas turbine engine that powers the U.S. Navy's Ship to Shore Connector (SSC) vehicle. The SSC program, which began as a replacement for the Landing Craft, Air Cushion (LCAC) vehicle, was designed to access roughly 80% of the world's coastlines, and to provide greater payload capacity for weapons, equipment, cargo, and personnel from amph

Spitale Succeeds Anthony Brancato, Who is Retiring After 40 Years in Aviation StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services, including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced Giovanni Spitale as President of its Business Aviation segment effective immediately. Spitale will replace Anthony (Tony) Brancato III, who is retiring after nearly a decade in leadership positions with StandardAero and more than four decades in aviation. Spitale is a results-driven executive with more than 30 years of experience in engineering, operations, and global leadership. He will oversee strategi

SCOTTSDALE, Ariz. and TORRANCE, Calif., March 11, 2026 (GLOBE NEWSWIRE) -- StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has been selected by U.S. helicopter OEM, Robinson Helicopter Company, to support their global fleet of R66 helicopters powered by the Rolls-Royce RR300 engine. This relationship will provide R66 helicopter owners and operators with a Robinson-recommended MRO solution for abbreviated turnaround times and reduced costs. The new agreement secures immediate shop capacity and establishes turnaround time commitments to minimize op

Robinson R66 owners gain enhanced service reliability and cost-control with StandardAero StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has been selected by U.S. helicopter OEM, Robinson Helicopter Company, to support their global fleet of R66 helicopters powered by the Rolls-Royce RR300 engine. This relationship will provide R66 helicopter owners and operators with a Robinson-recommended MRO solution for abbreviated turnaround times and reduced costs. This press release features multimedia. View the full release here: https://www.businesswire.

StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has signed a General Terms Agreement (GTA) with global aircraft lessor AviLease. This GTA paves the way for StandardAero to provide AviLease with MRO services for the CFM International LEAP-1A/LEAP-1B and CFM International CFM56-7B in support of its global leasing activities. Headquartered in Saudi Arabia and backed by the long-term capital of its visionary shareholder PIF, AviLease aims to become a top 10 global player in aircraft leasing. As dynamic capital allocators, AviLease owns and manages a

Jefferies downgraded StandardAero from Buy to Hold and set a new price target of $30.00

UBS upgraded StandardAero from Neutral to Buy and set a new price target of $34.00

BTIG Research initiated coverage of StandardAero with a rating of Buy and set a new price target of $35.00

BTIG Research initiated coverage of StandardAero with a rating of Buy and set a new price target of $35.00

Wells Fargo initiated coverage of StandardAero with a rating of Overweight and set a new price target of $32.00

Truist initiated coverage of StandardAero with a rating of Buy and set a new price target of $35.00

Susquehanna initiated coverage of StandardAero with a rating of Positive and set a new price target of $34.00

Barclays initiated coverage of StandardAero with a rating of Equal Weight and set a new price target of $32.00

CIBC initiated coverage of StandardAero with a rating of Sector Outperform and set a new price target of $38.00

Bernstein initiated coverage of StandardAero with a rating of Outperform and set a new price target of $39.00

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Spitale Succeeds Anthony Brancato, Who is Retiring After 40 Years in Aviation StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services, including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced Giovanni Spitale as President of its Business Aviation segment effective immediately. Spitale will replace Anthony (Tony) Brancato III, who is retiring after nearly a decade in leadership positions with StandardAero and more than four decades in aviation. Spitale is a results-driven executive with more than 30 years of experience in engineering, operations, and global leadership. He will oversee strategi

NEW YORK, Jan. 16, 2026 /PRNewswire/ -- StandardAero Inc. (NYSE:SARO) will replace Frontier Communications Parent Inc. (NASD: FYBR) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, January 22. S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE:VZ) is acquiring Frontier Communications Parent in a deal expected to close soon pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector Jan 22, 2026 S&P MidCap 400 Addition StandardAero SARO Industrials Jan 22, 2026 S&P MidCap 400 Deletion Frontier Communicati

Kaplan Succeeds Steve Sinquefield, Who is Retiring After 40 Years in Aviation StandardAero (NYSE: SARO), a leading independent pure-play provider of aerospace engine aftermarket services, including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced Michael L. Kaplan will rejoin the company as Chief Legal Officer effective October 6, 2025. A former SVP, General Counsel, Chief Security Officer, and Secretary at StandardAero, Kaplan is returning to succeed Steve Sinquefield, who is retiring after holding the position for more than ten years. Kaplan will be based at the company's headquarters in Scottsdale, AZ, and will report to Russell Ford, Chairma

StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services, including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced the appointment of Gregory Krekeler as President of its Component Repair Services (CRS) business. Krekeler succeeds Kimberly Ashmun, who will remain with the company through the end of the year to support the leadership transition. Krekeler will be based in Cincinnati, OH, and report to Kim Ernzen, Chief Operating Officer of StandardAero. Krekeler brings to the position more than 20 years of aerospace and defense experience. Most recently, he served as Vice President and General Man

StandardAero (NYSE:SARO), a leading pure-play provider of aerospace aftermarket services for fixed- and rotary-wing aircraft, has appointed Rama Bondada to serve as Vice President, Investor Relations, effective March 17, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250319122146/en/Rama Bondada, Vice President, Investor Relations of StandardAero In this new role for StandardAero, Bondada will be responsible for developing and executing a comprehensive investor relations function and program. He will take the lead in maintaining effective relationships with the investment community and ensuring consistent and timely communi

StandardAero (NYSE:SARO), a leading pure-play provider of aerospace aftermarket services for fixed- and rotary-wing aircraft, has announced the appointment of Derek Kerr to the company's Board of Directors. Mr. Kerr's appointment was effective February 18, 2025. Mr. Kerr brings to StandardAero's Board of Directors nearly four decades of aviation and airline experience along with senior executive perspectives from his long and distinguished career having served in a variety of increasingly responsible chief financial officer and operational positions. Mr. Kerr most recently served as Vice Chair of American Airlines and President of American Eagle. In addition, he previously served as Exe

HOUSTON, Feb. 24, 2025 /PRNewswire/ -- KBR, Inc. (NYSE:KBR) announced today that the independent directors of the KBR Board have unanimously elected Lt. General Wendy M. Masiello as Lead Independent Director, effective as of KBR's 2025 annual meeting of stockholders to be held in May 2025. Lt. General Masiello has served on KBR's Board of Directors since August 2017, including as the current Chair of the Cybersecurity Committee and a member of the Compensation Committee and Sustainability & Corporate Responsibility Committee. A three-star General of the U.S. Air Force, Lt. Gen

Double-digit Revenue Growth Across All End Markets StandardAero (NYSE:SARO) announced results today for the three months ended March 31, 2026 ("First Quarter 2026"). First Quarter 2026 Highlights Revenue increased 13.3% year-over-year to $1,626.9 million Net Income was $79.9 million; Diluted GAAP EPS was $0.24, Net Income as a percentage of Revenue was 4.9% Adjusted Diluted EPS was $0.33 up from $0.29 in the prior year's quarter Adjusted EBITDA increased $4.9 million year-over-year to $203.2 million; Adjusted EBITDA Margin was 12.5% Cash Flow used in Operations was ($119.6) million; Free Cash Flow for the quarter was ($133.7) million Announced acquisition of Unified Tu

StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced it has acquired Unified Turbines, LLC (Unified Turbines) in an all-cash transaction. Unified Turbines represents StandardAero's 14th acquisition since 2015 and eighth acquisition in its Component Repair Services (CRS) segment. Founded in 1997 and operating out of its facility in Milton, VT, Unified Turbines is an FAA Repair Station. The company provides hot section component repair and overhaul services for a range of Pratt & Whitney and Honeywell engines that power a variety of turb

StandardAero, Inc. (NYSE:SARO) will report its first quarter 2026 earnings results after the market closes on Thursday, May 7, 2026. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to the investor relations website prior to the conference call. The conference call may also be accessed by dialing (877) 407-9762 or (201) 689-8538 for telephone access to the live call. Please click here for international toll-free acc

Record Year in 2025 and Continued Double-Digit Earnings Growth in 2026 StandardAero (NYSE:SARO) announced results today for the three months ended December 31, 2025 ("Fourth Quarter 2025") and the full fiscal year ended December 31, 2025 ("Full Year 2025"). Full Year 2025 Highlights Revenue increased 15.8% year-over-year to $6,062.5 million Net Income was $277.4 million; Diluted EPS was $0.83, Net Income as a percentage of Revenue was 4.6% Adjusted Net Income was $398.4 million; Adjusted Diluted EPS was $1.19 Adjusted EBITDA increased 17.0% year-over-year to $808.2 million Adjusted EBITDA Margin was 13.3%, compared to 13.2% in the prior year Cash Flow from Operations w

StandardAero, Inc. (NYSE:SARO) will report its fourth quarter and full year 2025 earnings results after the market closes on Wednesday, February 25, 2026. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to the investor relations website prior to the conference call. The conference call may also be accessed by dialing (877) 407-9762 or (201) 689-8538 for telephone access to the live call. Please click here for inter

Raising 2025 guidance driven by continued double-digit growth and progress on strategic initiatives StandardAero (NYSE:SARO) announced results today for the three months ended September 30, 2025 ("Third Quarter 2025"). Third Quarter 2025 Highlights Revenue increased 20.4% year-over-year to $1,498.0 million Double-digit revenue growth across StandardAero's commercial, business aviation, and military and helicopter end markets Net Income increased $51.7 million year-over-year to $68.1 million; Net Income margin was 4.5% Adjusted EBITDA increased 16.1% year-over-year to $195.6 million; Adjusted EBITDA Margin was 13.1% Raising full-year 2025 guidance across revenue, Adjusted

StandardAero, Inc. (NYSE:SARO) will report its third quarter 2025 earnings results after the market closes on Monday, November 10, 2025. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to the investor relations website prior to the conference call. The conference call may also be accessed by dialing (877) 407-9762 or (201) 689-8538 for telephone access to the live call. Please click here for international toll-free

Strong first half of year, gives confidence for another FY2025 Guidance raise StandardAero (NYSE:SARO) announced results today for the three months ended June 30, 2025 ("Second Quarter 2025"). Second Quarter 2025 Highlights Revenue increased 13.5% year-over-year to $1,528.9 million Net Income increased $62.3 million year-over-year to $67.7 million; Net Income margin was 4.4%, an increase from 0.4% for the prior year's period Adjusted EBITDA increased 20.1% year-over-year to $204.6 million Adjusted EBITDA Margin was 13.4%, an increase of 80 basis points compared to the prior year's period LEAP bookings now above $1.5 billion with multiple new agreements signed in Second Qu

StandardAero, Inc. (NYSE:SARO) will report its second quarter 2025 earnings results after the market closes on Wednesday, August 13, 2025. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to the investor relations website prior to the conference call. The conference call may also be accessed by dialing (877) 407-9762 or (201) 689-8538 for telephone access to the live call. Please click here for international toll-fr

Strong Start to the Year, Executing on Priorities, therefore Raising FY 2025 Guidance StandardAero (NYSE:SARO) announced results today for the three months ended March 31, 2025 ("First Quarter 2025"). First Quarter 2025 Highlights Revenue increased 16.2% year-over-year to $1,435.6 million Net Income increased $59.8 million year-over-year to $62.9 million; Net Income margin was 4.4% Adjusted EBITDA increased 19.7% year-over-year to $198.2 million Adjusted EBITDA Margin was 13.8%, an increase of 40 basis points compared to the prior year's quarter Cash Flow from Operations improved $59.6 million year-over-year Free Cash Flow improved $37.6 million year-over-year Continued stro