NEW YORK and MONTRÉAL, May 30, 2024 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ:FTAI) announces entry into an agreement to purchase Lockheed Martin Commercial Engine Solutions (“LMCES”) from Lockheed Martin Canada for a purchase price of $170 million. The acquisition is subject to customary regulatory approvals and is anticipated to close in the second half of 2024.

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