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FTAI Aviation purchases LMCES for $170 million

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FTAI Aviation purchases LMCES for $170 million

FTAI Aviation has purchased Lockheed Martin Commercial Engine Solutions (LMCES) from Lockheed Martin Canada for $170 million on May 30, 2024. The acquisition is set to close in the second half of the year. LMCES is a 526,000 square foot aircraft engine maintenance repair facility in Montreal, Quebe...

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