M.D. Sass LLC acquired 2,346,749 shares of StandardAero, Inc. during the second quarter. The investment is valued at approximately $70.19 million. This purchase gives M.D. Sass a 0.71% stake in the aerospace company. StandardAero now represents the 10th largest holding in the firm's portfolio.
The acquisition follows StandardAero securing a U.S. Air Force T56 engine depot maintenance contract. Announced on August 18, 2026, the agreement carries a maximum value of $342.2 million. The investment indicates strong institutional confidence in the company’s growth and strategic direction.