As part of capacity expansion for its aircraft maintenance, repair and overhaul (MRO) business in the US, ST Engineering is pursuing the development of a 655,000 ft² airframe MRO complex at the Pensacola International Airport in Pensacola, Florida. The development cost for the MRO complex is estimated at US$210 million (about S$290 million), of which ST Engineering will invest US$35 million (about S$48 million ), with the rest to be funded by the City of Pensacola, Escambia County, Triumph Gulf Coast, Inc., the State of Florida as well as several other state and federal organisations.
A Memorandum of Understanding (MOU) for the new facility was signed on October 27, with the City of Pensacola, represented by its Mayor, Ashton Hayward. The Mayor, along with Escambia County Commissioner, Jeff Bergosh and FloridaWest Economic Development Alliance CEO, Scott Luth were in Singapore for the signing ceremony.
Under the MOU, ST Engineering and the City of Pensacola will develop the MRO complex, over four years after the formalisation of definitive agreements. The design-to-build complex, adjacent to ST Engineering’s newly opened 173,500 ft² MRO facility, will consist of three state-of-the-art widebody aircraft hangars and an administration building.
When completed, it will contribute about 1.5 million labour hours in annual capacity, bringing ST Engineering’s total annual capacity of its Pensacola MRO facility – to be called the Pensacola Aerospace Campus – to 2.1 million labour hours. Since opening in June 2018, the current facility has already redelivered 25 aircraft.
