MAGELLAN AEROSPACE SIGNS AGREEMENT WITH PERATON TO SUPPORT NASA SOUNDING ROCKET PROGRAM
Toronto, Ontario – 7 May 2024 – Magellan Aerospace Corporation (“Magellan”) announced today that it would provide Black Brant vehicles and hardware to Peraton in support of the NASA Sounding Rocket Program. Under the terms of the five-year agreement Magellan will supply NASA’s annual requirements and could generate revenues up to a maximum of $75 million. Full Story