NYSE:SAROAerospace & Defense
Assessing StandardAero (SARO) Valuation After New Rolls Royce Marine Engine Support Deal
StandardAero (SARO) shares are in focus after the company signed a long term agreement with Rolls Royce to provide repair and overhaul support for MT7 marine gas turbine engines used on the U.S. Navy’s Ship to Shore Connector program.
See our latest analysis for StandardAero.
The Rolls Royce agreement lands at a time when StandardAero’s share price return has fallen 22.06% over 90 days and 16.94% year to date, with a 1 year total shareholder return decline of 8.58%, suggesting recent momentum...