New multi-year contract builds on more than 25 years of partnership with USAF on T56 platform

StandardAero (NYSE:SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, has been awarded a position on the U.S. Air Force’s new T56 engine depot maintenance contract, reinforcing the company’s long-standing partnership with the U.S. Air Force and its leadership in Rolls-Royce T56 engine maintenance, repair and overhaul (MRO).

The 10-year, indefinite-delivery/indefinite-quantity (IDIQ), firm-fixed-price contract has a maximum ceiling value of $342.2 million. Through this contract, StandardAero will provide depot-level repair and overhaul of T56 Series engines, modules and components for the global fleet of more than 1,200 C-130 aircraft for U.S. Air Force, U.S. Navy and Foreign Military Sales (FMS) customers.

"StandardAero is honored to continue our partnership with the U.S. Air Force in support of the T56 engine program," said Rick Pataky, Vice President and General Manager of StandardAero San Antonio. "Having supported the Air Force’s T56 fleet for more than 25 years, this award reflects our team’s proven technical expertise, commitment to mission readiness and ability to deliver dependable, high-quality MRO solutions for military operators around the world."

StandardAero’s partnership with the U.S. Air Force T56 program began in 1999. StandardAero is the world’s largest independent provider of T56 engine MRO services and continues to provide sustainment support for Foreign Military Sales operators in partnership with the U.S. Air Force. StandardAero also has played a pivotal role in modernizing the Air Force’s T56 fleet, having completed the conversion of USAF T56 Series 3 engines to the enhanced Series 3.5 configuration. The upgrade delivers improved fuel efficiency while extending engine time on wing, helping reduce lifecycle costs and increasing aircraft availability for critical missions.

This latest contract award further strengthens StandardAero’s position as a trusted partner for maintaining military propulsion systems and underscores the company’s continued commitment to supporting the readiness of U.S. and allied defense forces for years to come.

StandardAero is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to www.standardaero.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve substantial risks and uncertainties. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. In some cases, you can identify forward-looking statements by the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "seek," "should," "will" or "would" and/or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements include statements regarding our intentions, beliefs or current expectations concerning, among other things, the contract value of the new T56 engine depot maintenance contract with the U.S. Air Force, our results of operations, financial condition, liquidity, prospects, growth and strategies. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially from those forward-looking statements include, among others, risks described in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other filings with the Securities and Exchange Commission. As a result of these factors, we cannot assure you that the forward-looking statements in this press release will prove to be accurate. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by us or any other person that we will achieve our objectives or plans in any specified time frame or at all. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. Forward-looking statements speak only as of the date of this press release. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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