Blackhawk Modifications announced special introductory pricing of $550,000 for its new engine upgrade for the Cessna Caravan.

The Waco, Tex. company is certifying the 867-shpPT6A-140 engine as an aftermarket replacement for the standard 600-shpPT6A-114 or the 675-shpPT6A-114A in these aircraft. Blackhawk said -140 engine customers could expect significant increases in climb performance, cruise speeds, takeoff distances and operations in icing conditions. Deliveries are to begin in the first quarter of2015.

Blackhawk currently offers thePT6A-42A as a high-power option for Caravan owners that routinely operate above 6,000 feet with heavy loads on hot days. The company said the -140 engine will be a less expensive alternative for operators that fly at lower altitudes, particularly those operating on floats.

The -140 conversion uses most of the standard aircraft’s major firewall-forward components andcowling, but does include an Ametek 325-amp starter/generator, new Hartzell 104-inch, three-blade propeller and spinner, new Howell digital/analog instruments, larger capacity oil cooler and ducting, all installation instructions and FAA-approved flight manual supplements.