FTAI Aviation secures $1.47B gas turbine order from cloud provider
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FTAI Announces $1.465 Billion Gas Turbine Generator Set Order Through J&F Power Systems
July 22, 2026 8:37 AM EDTInitial Mod-1 CFM56 Aeroderivative Unit Orders Represent Substantial Portion of Targeted 2027 Deliveries
NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) ("FTAI" or the "Company") today announced that J&F Power Systems LLC ("J&F"), FTAI's joint venture with Jereh Group for packaging and distribution of its Mod-1 aeroderivative gas turbine, has entered into a master gas turbine generator set supply agreement (the "Master Agreement") with a leading international cloud service provider (the "Customer") and signed an initial purchase order under the Master Agreement valued at $1.465 billion (the... More
