13 Best Aerospace and Defense Stocks to Invest in Now

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4. StandardAero, Inc. (NYSE:SARO)

Analyst Upside Potential: 16.05%

Number of Hedge Fund Holders: 50

StandardAero, Inc. (NYSE:SARO) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 17, StandardAero, Inc. (NYSE:SARO) announced the renewal of its long-term maintenance, repair, and overhaul contract with Thailand’s Nok Airlines Public Company Limited.

Under the partnership, the company will continue supporting CFM International CFM56-7B turbofan engines, which power Nok Air’s fleet of fourteen Boeing 737-800 aircraft. The renewed partnership builds on StandardAero, Inc.’s (NYSE:SARO) previous support for Nok Air’s former fleet of Dash 8-400 turboprops, reflecting a longstanding relationship between the two companies. As part of the renewal, StandardAero, Inc. (NYSE:SARO) has already inducted two Nok Air CFM56-7B engines at its facility in Winnipeg.

StandardAero, Inc. (NYSE:SARO) is a leading independent aerospace company specializing in maintenance, repair, and overhaul services for aircraft engines and other components across commercial, military, and business aviation sectors.

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