On 26 May 2016, ATLAS ELEKTRONIK and Magellan Aerospace signed a Memorandum of Understanding at the CANSEC trade show, sealing intent to collaborate on the development of the rocket motor and warhead sections of SeaSpider Anti-Torpedo-Torpedo. SeaSpider will combine the best technology and decades of experiences of two worlds – the expertise of ATLAS ELEKTRONIK in naval systems like the SeaHake mod4 heavyweight torpedo and the leading rocket technology of Magellan Aerospace as chosen by NASA. Full story.

On 2 May 2016, Magellan Aerospace announced a contract extension between Magellan Aerospace (UK) and Airbus for the supply of aluminium and titanium structural wing components from Magellan UK’s facilities located throughout Europe and its joint ventures in India. This contract, valued at approximately
CDN $700 million, is comprised of precision machined details and assemblies for use on the A320 Family, the A330 Family, and the A380 program. In addition to the contract extension for the machined components, Magellan UK was awarded a contract to supply certain A380 wing ribs to Airbus valued at approximately CDN $20 million. Full story.

On March 1, 2016 at Heli-Expo, Magellan Aerospace announced that a Wire Strike Protection System™ (WSPS™) will soon be available for the Robinson R66 helicopter platform. The R66 WSPS™ kit is expected to be available for new R66 helicopters commencing in the fall of 2016. Full story.