LMCES operates an aircraft engine maintenance and repair facility in Montréal, Quebec, with extensive capabilities in engine and piece-part repairs for CFM56 engines © CFM International

FTAI Aviation to acquire Lockheed Martin Engine Solutions

FTAI Aviation has announced its agreement to acquire Lockheed Martin Commercial Engine Solutions (LMCES) from Lockheed Martin Canada for $170 million. This transaction is pending customary regulatory approvals and is expected to be finalised in the latter half of 2024. LMCES operates a 526,000 ft² aircraft engine maintenance and repair facility in Montréal, Quebec, with […]

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