CCC, StandardAero sign contract worth over $80M to repair U.S. Navy surface fleet engines

Group 1 - CCC has been awarded an IDIQ contract worth over $80 million from the U.S. Department of Defense for engine repair services by StandardAero, specifically for the 501-K34 Turbine Engines used by the U.S. Navy surface fleet [1] - StandardAero is recognized as a leading provider of Maintenance, Repair, and Overhaul (MRO) services, offering tailored solutions that extend the lifecycle of naval assets [2] - Over the past two decades, StandardAero has performed over$160 million in MRO services for the U.S. Air Force, Navy, and Army, including maintenance for Rolls-Royce T56 Series III engines and CFM56-7B engines [3] Group 2 - CCC serves as the U.S. DoD's designated contracting authority for purchases from Canada over $250,000, facilitating Canadian businesses like StandardAero to supply the U.S. DoD [4] - StandardAero's reputation for quality service is highlighted by its commitment to excellence and its ability to meet customer expectations [5] - CCC has facilitated billions in trade between Canadian businesses and governments globally, emphasizing its role in government-to-government contracting [6]