AP News

Lockheed buying Aveos engine maintenance unit


BETHESDA, Md. (AP) — Lockheed Martin Corp. said Monday its Canadian unit will buy the assets of Aveos Fleet Performance Inc.'s engine maintenance, repair and overhaul business.

Lockheed said the business is based in Montreal, and it services engines that are used in Airbus 320, Canadair RJ, and Embraer jets. The company did not disclose terms of the deal.

Shares of Lockheed Martin gained 32 cents to $94.22 and were unchanged in aftermarket trading.


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus