FTAI Aviation has completed the acquisition of Lockheed Martin Commercial Engine Solutions (LMCES) on September 9, 2024, from Lockheed Martin Canada. LMCES is a 526,000 square foot aircraft engine maintenance repair facility in Montreal, Quebec. “Completing the acquisition of LMCES is a major step towards FTAI Aviation becoming the unrivalled leader in maintenance, repair, and exchange,” said FTAI CEO Joe Adams. The integration of LMCES’s maintenance capabilities gives FTAI the capacity to perform up to 1,350 CFM56 module overhauls and over 500 engine tests annually, adding to its current maintenance capabilities at QuickTurn in Miami, Florida. Both facilities will be

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