Tuesday, October 30, 2018

MRO expansion MOU signed

ST Engineering and the city of Pensacola signed a memorandum of understanding (MOU) for additional maintenance, repair and overhaul hangars at Pensacola International Airport, adjacent to a 173,500 square-foot hangar that opened this summer. ST Engineering will invest $35 million in the $210 million project. The MOU was signed Oct. 27 in Singapore. Attending the signing was Mayor Ashton Hayward, Escambia County Commissioner Jeff Bergosh and FloridaWest chief executive officer Scott Luth. Under the agreement, ST Engineering and the City of Pensacola will develop the MRO complex over four years after the formalization of definitive agreements. The 655,000 square-foot design-to-build complex will consist of three state-of-the-art widebody aircraft hangars and an administration building. Since opening in June 2018, the current facility has already redelivered 25 aircraft. (Sources: ST Engineering, Pensacola News Journal, WEAR-TV, 10/29/18) Previous: Aero projects funding get preliminary OK; VT MAE has grand opening; Gulf Coast Aerospace Corridor Newsletter, August 2018, page 1