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CCC, StandardAero sign contract worth over $80M to repair U.S. Navy surface fleet engines
OTTAWA, Ontario, Nov. 20, 2024 (GLOBE NEWSWIRE) -- CCC is pleased to announce that it was awarded an indefinite delivery/indefinite quantity (IDIQ) contract worth over $80 million from the United States Department of Defense (U.S. DoD) for engine repair services by StandardAero. Under CCC's contract, StandardAero will repair 501-K34 Turbine Engines used by the U.S. Navy surface fleet. The 501-K34 is used in a variety of ships for power generation and mechanical drive applications.
Nov 20, 2024 | www.globenewswire.com
StandardAero Announces Third Quarter 2024 Earnings
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO) announced results today for its third quarter ended September 30, 2024 (“Third Quarter 2024”). Third Quarter 2024 Highlights Revenue increased 13.2% year-over-year to $1,244.6 million Net Income was $16.4 million; Net Income Margin was 1.3% Adjusted EBITDA increased 26.0% year-over-year to $168.4 million Adjusted EBITDA Margin was 13.5%, an increase of 137 basis points compared to the prior year's quarter Capital expenditures were $2.
Nov 13, 2024 | www.businesswire.com
StandardAero Announces Third Quarter 2024 Earnings Release and Conference Call Date
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) will report its third quarter 2024 earnings results after the market closes on Wednesday, November 13, 2024. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be post.
Nov 04, 2024 | www.businesswire.com
U.S. IPO Weekly Recap: Standard Aero Soars In 7-IPO Week, While Big Tech Names Join Pipeline
Seven IPOs debuted in the US this past week, raising a combined $1.8 billion. Six companies submitted initial filings this past week, most notably Ingram Micro and Cerebras Systems. As many as six companies are expected to price their IPOs in the upcoming week, including two large deals.
Oct 05, 2024 | seekingalpha.com
StandardAero: Flying High Out Of The Gate
StandardAero's IPO saw shares surge 36%, leading to a high valuation of around 40 times earnings, making the stock unattractive to me at current levels. The company, a leading provider of aerospace engine aftermarket services, has shown strong revenue growth but commands high valuations, while it carries some debt. Despite solid financial performance, the high valuation and risks such as oil prices, labor market, and competition make the stock a risky investment.
Oct 03, 2024 | seekingalpha.com
Market Is Validating Value of StandardAero, CEO Says
StandardAero CEO Russell Ford discusses the aircraft maintenance services provider's trading debut and the state of the aerospace industry on Bloomberg Television. StandardAero shares climbed 31% in the company's trading debut, after the firm and some of its investors raised $1.44 billion in an IPO.
Oct 02, 2024 | www.youtube.com
StandardAero valued at $10.4 bln as shares jump in NYSE debut
StandardAero's shares opened 29% above the initial public offering price in their market debut on Wednesday, giving the Carlyle-backed aviation maintenance services provider a market value of about $10.4 billion.
Oct 02, 2024 | www.reuters.com

Andar's Email Address Formats

Andar uses at least 2 format(s):

Andar Email Formats	Example	Percentage
Last@andar.com	Doe@andar.com	56%
First@andar.com	John@andar.com	44%
First@glnk.io	John@glnk.io	100%

Frequently Asked Questions

Where is Andar's headquarters located?

Andar's main headquarters is located at Chandler, AZ 85225 US. The company has employees across 3 continents, including North AmericaSouth AmericaAsia.

What is Andar's stock symbol?

Andar is a publicly traded company; the company's stock symbol is SARO.

What is Andar's official website and social media links?

Andar's official website is glnk.io and has social profiles on LinkedIn.

How many employees does Andar have currently?

As of October 2024, Andar has approximately 23 employees across 3 continents, including North AmericaSouth AmericaAsia. Key team members include Head Of Customer Success: D. P.Founder: J. E.Partner: E. E.. Explore Andar's employee directory with LeadIQ.

What industry does Andar belong to?

Andar operates in the Manufacturing industry.

What is Andar's email format?

Andar's email format typically follows the pattern of . Find more Andar email formats with LeadIQ.

When was Andar founded?

Andar was founded in 2015.

Andar

ManufacturingArizona, United States11-50 Employees

A Spanish verb with a meaning "to carry" started in 2015, where we set out to make something unique and minimal that would last. Andar strives to bring high quality hand crafted goods at an affordable price. Our products are simple, unique, functional, and minimal.