(click to view full)
Vector Aerospace Corporation in Toronto, Canada announced that it has been chosen as the preferred bidder for a 3-year contract to maintain and overhaul the Rolls Royce T56 engines used on the Royal Saudi Air Force fleet of C-130 military transport aircraft. The final contract with Vector’s UK subsidiary Sigma Aerospace is expected to be signed in the next month. Scramble notes that the Saudis base their C-130Es and C-130Hs out of Riyadh and Jeddah, though there are also some KC-130H aerial tankers at Price Sultan Air Base (Al Kharj, near Riyadh).
Based upon the number of engines in the fleet and the estimated scope of work, Vector’s bid estimated aggregate revenues in the $34 million range. Nevertheless, revenues could be substantially higher depending on actual maintenance requirements. Over the past year, Sigma Aerospace has also secured T56 maintenance contracts with the Belgian Air Force, the Swedish Air Force and the Algerian Air Force, making them Europe’s largest independent provider of MRO services for the T56 engine.
