FTAI To Buy Lockheed Martin Commercial Engines Solutions From Lockheed Martin Canada For $170 Mln

RTTNews | 844 days ago
Stocktwits
FTAI To Buy Lockheed Martin Commercial Engines Solutions From Lockheed Martin Canada For $170 Mln

(RTTNews) - FTAI Aviation Ltd. (FTAI) announced Thursday an agreement to purchase Lockheed Martin Commercial Engine Solutions or LMCES, from Lockheed Martin Canada Corp. for a purchase price of $170 million.

The acquisition is subject to customary regulatory approvals and is anticipated to close in the second half of 2024.

LMCES is a 526,000-square-foot aircraft engine maintenance repair facility located in Montreal, Quebec, with extensive engine and piece-part repair capabilities for CFM56 engines.

FTAI, LMCES's largest customer, and LMCES established The Module Factory at the facility in 2020 to distribute CFM56 modules globally. The facility has a capacity for up to 900 CFM56 modules per year and houses three test cells on-site.

This acquisition will further enhance FTAI's Maintenance, Repair, and Exchange (MRE) business, and create permanent engine and module manufacturing capabilities in Canada.

Tags: LMT FTAI
Stocktwits
read more
Lockheed Martin Boosts FY24 Outlook - Update

Lockheed Martin Boosts FY24 Outlook - Update

While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2024.
RTTNews | 790 days ago
Lockheed Martin Boosts FY23 Outlook - Update

Lockheed Martin Boosts FY23 Outlook - Update

While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2023.
RTTNews | 1161 days ago
Lockheed Martin Slashes FY22 Outlook - Update

Lockheed Martin Slashes FY22 Outlook - Update

While reporting financial results for the second quarter on Tuesday, Lockheed Martin Corp. (LMT) slashed its earnings and net sales guidance for the full-year 2022.
RTTNews | 1525 days ago
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian stocks may open higher on Monday as a sharp drop in oil prices is expected to ease concerns about inflation. Oil prices fell sharply today amid hopes for a progress in diplomatic talks to ease tensions between Iran and the U.S.
RTTNews | 1h 7min ago
Wall Street Likely To Open On Firm Note

Wall Street Likely To Open On Firm Note

Notably higher futures and easing concerns about inflation following a sharp fall in oil prices point to a positive start for U.S. stocks Monday morning.
RTTNews | 1h 28min ago
FTSE 100 Climbs Higher Amid Oil Decline, U.K. Housing Recovery

FTSE 100 Climbs Higher Amid Oil Decline, U.K. Housing Recovery

The FTSE 100 advanced 95.80 points to 10,754.93 on Monday as Brent crude dropped 3.5% to $100.20 amid diplomatic progress expectations at the UN. U.K. house prices rose 0.7% month-on-month in September, the first increase in four months.
RTTNews | 2h 47min ago
CAC 40 Climbs As Oil Prices Fall On Middle East Diplomatic Hopes

CAC 40 Climbs As Oil Prices Fall On Middle East Diplomatic Hopes

France's CAC 40 benchmark climbed 0.98% as oil prices fell sharply on hopes for Middle East diplomatic progress. Brent crude dropped to $101.19, losing over 2.5%. Geopolitical tensions eased following discussions between U.S. and Gulf leaders.
RTTNews | 3h 9min ago
Tools
Kalender Ekonomi
Jam pasar
Suku bunga
Kalender hari libur
Pasar Valas
Forex Volatility
Forex Correlation
Berita Forex
Analisis Forex
COT Data
Likuiditas
Kalkulator Forex
Forex Heat Map
Indikator ekonomi Konverter mata uang
Komunitas
Komunitas
Sistems
Most Popular Systems
Strategies
Kontes
Forex Charts
Forex Sentiment
Indikator Sentimen
Reviu
Pialang
Perusahaan Prop Trading
VPS Services
Signal Providers
EA Programming Services
Program Afiliasi
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Bursa Kripto
Kursus trading
Pelacak Portofolio Saham
Pialang
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions
Siaran Pers
Platform
Widget
Features
API
RSS
Stock Portfolio
Affiliate Software
Grafik Lanjutan
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2026 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.