StandardAero Acquires Vector Aerospace from Airbus

  • Our Bureau
  • 09:01 AM, November 4, 2017
  • 12972
StandardAero Acquires Vector Aerospace from Airbus
Vector Aerospace at NBAA BACE 2017 last month (Image:

StandardAero has finalized the acquisition of Vector Aerospace from Airbus.

Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for turbine engines, components, fixed- and rotary-wing aircraft, the company said in a statement Friday.

Vector generated revenues of over US$700 million in 2016 and employs approximately 2,200 people in 22 locations across Canada, the United States, the United Kingdom, France, Kenya, South Africa, Australia and Singapore.

The newly combined company, which will maintain the name of StandardAero, has more than 6,000 employees in 42 locations across five continents, with annual revenues of approximately US$3 billion.

Also Read

StandardAero To Acquire Vector Aerospace Holding SAS From Airbus

July 6, 2017 @ 07:50 AM

StandardAero Wins US Air Force Contract To Maintain Rolls-Royce T56 Engine

January 5, 2017 @ 09:17 AM

StandardAero Wins USAF Contract To Support Rolls Royce T56 Engine Module

December 16, 2016 @ 12:54 PM

Netherlands MoD, StandardAero Sign Partnership For F135 Engine Servicing Upgrades

June 18, 2016 @ 04:30 AM

StandardAero Awarded $43 Million USAF Contract For C-130H Engines Upgrade

April 13, 2016 @ 08:29 AM

StandardAero Wins $380 Million for Rolls-Royce T56 Series Engine Overhaul and Repair

December 23, 2017 @ 03:28 AM

Airbus Offices Raided in Kazakhgate Corruption Probe

November 28, 2017 @ 02:00 PM

Airbus to Supply Two Additional H225 Helicopters to South Korea

November 22, 2017 @ 12:01 PM