STANDARDAERO INC
SARO
Industrials
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
StandardAero Inc. provides specialized aerospace engine maintenance, repair, and overhaul (MRO) services directly to the U.S. military. The company holds significant, publicly disclosed contracts to service engines for key military aircraft. This includes a $209.5 million modification in 2023 to support T56 engines for the U.S. Navy's P-8 Poseidon maritime patrol aircraft and a $174.7 million modification in 2019 for similar work. In November 2025, the company announced the delivery of its 1,000th J85-5 engine to the U.S. Air Force, highlighting a sustained, material relationship with the Department of Defense. Its 2024 acquisition of Aero Turbine Inc. was explicitly pursued to expand its military engine and component support capabilities. While the exact percentage of defense revenue is not disclosed in the provided sources, the company's specialized services, direct contracting with military branches, and public announcements of milestone deliveries to the Air Force and Navy meet the threshold of providing military services where the military application is material and not incidental.
Research Sources
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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