Hey man to answer your question I think you could easily hand cut the logo. Here's how I do it...

Simply photcopy and enlarge the logo to the size you need it. Cut carefully around it both inside and outside the lettering. Now take a piece of window glass (or your most un-favorite picture frame) and mist the glass with water. Lay the covering with for the logo on the glass and sqeegie the water out from underneath it with a credit card. The covering will attach firmly and still be removed easily. Now mist the covering with water and lay your paper logo template over top and position it. As long as the paper is moist it will stay in place. with a hobbly knife go about cutting out around the edges of the template making sure to cut all the way through the covering. Change blades often for good results. When you are done remove the cut logo and let dry.

Ironing the logo to a covered wing can be tricky because air bubbles underneath the logo can result. Some people puncture the wing under where the logo is put to allow air to escape into the wing. Other people apply Trim Solvent to the logo backing that melts the glue without heat. Either way, work from the center out and take your time. Any bubbles can be later pierced with a fine needle and worked out with the iron.