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StandardAero Wins $149M IDIQ to Repair Navy Aircraft Engines

StandardAero has won a five-year, $148.9 million contract to repair T56 engines of the U.S. Navy’s military transport and maritime surveillance planes.

The company will perform depot-level engine repairs for the C-2A Greyhound and C-130 Hercules logistics aircraft and the P-3 Orion anti-submarine warfare patrol aircraft, the Department of Defense said Monday.

The Naval Air Warfare Center Aircraft Division received two offers for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract through an electronic request for proposals.

Seventy-five percent of contract services will take place in San Antonio, and the remaining 25 percent in Canadian city of Winnipeg.

Lockheed Martin (NYSE: LMT) is the builder of C-130 and P-3, while Northrop Grumman (NYSE: NOC) is the C-2A manufacturer.

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