FTAI Aviation completes acquisition of Lockheed Martin Commercial Engine Solutions

FTAI Aviation Ltd. completed its acquisition of Lockheed Martin's Commercial Engine Solutions business at the Montréal airport for US$170 million. The acquisition enhances FTAI's Maintenance, Repair, and Exchange business and creates engine and module manufacturing capabilities in Canada.

“The acquisition further enhances FTAI’s Maintenance, Repair, and Exchange (MRE) business, and creates permanent engine and module manufacturing capabilities in Canada.”canadianlawyermag.com

• 1 source
• canadianlawyermag.comFTAI Aviation completes acquisition of Lockheed Martin Commercial Engine Solutions | Canadian LawyerSep 9, 2024

Summarized from public sources; check the original articles before acting on it.