Magellan Aerospace’s Annual General Meeting of Shareholders will be held on Tuesday, May 2, 2017 at 2:00 p.m. ET at:
The Living Arts Centre
4141 Living Arts Drive
Mississauga, ON L5B 4B8
AGM Webcast Link
On 8 March 2017, Magellan announced an agreement between Magellan Aerospace (UK) Limited and Airbus for the supply of complete crown module assemblies for all variants of the A350 XWB aircraft. This contract extension, valued at approximately CDN $140 million, will see the provision of complex assemblies from Magellan facilities in the United Kingdom, Poland, and India to the Airbus assembly lines in Germany and France. Full story.
Today, at Aero India 2017, Magellan Aerospace announced plans to construct a new manufacturing and assembly facility in India. The new 140,000 sqft building will be constructed on seven acres in the Aerospace Special Economic Zone near the Bangalore International Airport. Magellan expects to break ground for the new facility in June 2017. Full story.
Today, 3 February 2017, Magellan Aerospace announced a contract award from Public Services and Procurement Canada for engine repair and overhaul and fleet management services on the F404 engine that powers Canada’s fleet of CF-188 Hornet aircraft. The contract commenced in January 2017 and work will be carried out until the terms expire at the end of March 2021. A preliminary funding amount of CDN$45M has been approved to launch the multi-year agreement. Full story.
It is absolutely essential that Magellan’s global solutions remain cost-competitive and aligned with our customers requirements. To ensure that we maintain a sustainable performance into the 2020s, we have an organization ready to deliver stepped changes in operational cost performance, maintain superior quality, and invest in the technology of the future.
Phillip C. Underwood
Delayed: 11:20am EDT Currency in CAD
Chief Financial Officer & Corporate Secretary
T +1 905 677 1889
No upcoming events.
Magellan Aerospace offers current and potential employees career opportunities for a wide variety of professions and skills. We are always seeking passionate and talented individuals who are dedicated and committed to their profession and fellow employees. Magellan and its employees Think Globally and Act Locally.