Honeywell and ITP Aero Inaugurate Europe's 1st F124 Engine Service Center in Madrid

Honeywell (NASDAQ: HON) and ITP Aero today announced the official opening of Europe’s first maintenance, repair and overhaul (MRO) service center for Honeywell’s F124-GA-200 engine. The milestone was marked by a ribbon-cutting ceremony at ITP Aero’s Ajalvir facility in Madrid.

“The opening of the new MRO service center in Madrid strengthens our commitment to enhancing engine readiness and operational flexibility for our European customers,” said John Head, vice president and general manager, Engines, Honeywell Aerospace Technologies. “By localizing MRO capabilities in Europe, we’re significantly improving turnaround times and reducing logistics burdens for our F124 engine operators.”

The center’s launch comes just a year after ITP Aero was awarded the F124 license and follows months of collaboration to build regional capability and infrastructure. The facility is now fully equipped to provide local repair and overhaul services for over 150 F124 engines currently operating in Europe.

“Becoming the first European authorized service center for F124 engines is a significant achievement for ITP Aero,” said Alan Jones, ITP Aero’s executive vice president of MRO. “This milestone builds on our long-standing partnership with Honeywell and represents a major step forward in our growth strategy, reinforcing Spain’s role in supporting NATO-aligned defense capabilities.”