Global Solutions for the Aerospace Market

Toronto, Ontario – 30 APRIL 2025 – Magellan Aerospace Corporation (“Magellan”) announced today the signing of important agreements (LTAs) with Pratt & Whitney Canada. Pratt & Whitney is an RTX business. These contracts with Pratt & Whitney Canada include a blend of contract extensions to legacy agreements and new manufacturing program awards. The complex machined components will be delivered for a period ending in 2034 from Magellan’s facility located in KIADB Industrial Area Tumakuru (Tumkur), Karnataka, India. Full Story

Toronto, Ontario – 28 April 2025 – Magellan Aerospace Corporation (“Magellan”) announced today that it has signed an amendment to a long-term Revenue Sharing Agreement (RSA) with GE Aerospace to include the production of major components for the F414-GE-400K aircraft engine for the Korean KF-21 aircraft program. Full Story

Toronto, Ontario / Belagavi, India – 6 March 2025 – Magellan Aerospace Corporation (“Magellan”) announced the signing of a Memorandum of Understanding (MOU) today with Aequs Private Limited (“Aequs”) to explore the development of a business plan for setting up a 50/50 jointly-owned aerospace sand casting facility situated at the Belagavi Aerospace Cluster (BAC), in Karnataka, India. Full Story