Toronto, Ontario – 01 October, 2009 – Magellan Aerospace Corporation announced today that an agreement has been reached between Airbus and Magellan Aerospace (UK) Limited securing an important work package on Airbus’ new A350 XWB twin-aisle commercial aircraft. The package consists of a number of large, complex machined aluminium-lithium components for the aircraft centre wing […]

Toronto Ontario– May 27, 2009 – Magellan Aerospace Corporation announced today the award to its Winnipeg-based division, Bristol Aerospace, of the RADARSAT Constellation Mission (RCM) satellite bus development contract with MacDonald, Dettwiler and Associates Ltd. (MDA) of Vancouver. The RCM mission is being developed by the Canadian Space Agency (CSA) to provide C-Band data continuity […]

Paris Air Show – Le Bourget, France – June 18, 2009 – Magellan Aerospace announced today the award of multi-year buys of complex machined titanium components for all three variants of the F-35 Lightening II aircraft – the Conventional Take-Off and Landing (CTOL), the Short Take-Off and Vertical Landing (STOVL) and the Carrier Variant (CV). […]

Paris Air Show, Le Bourget – June 17, 2009 — Magellan Aerospace has been awarded a contract this past month to produce F-35 Lightning II horizontal tail components in the third lot of Low Rate Initial Production (LRIP). It is the initial contract awarded to Magellan by BAE Systems for F-35 components, valued at $11M […]

Paris Air Show — Le Bourget, France – June 15, 2009 – Bristol Aerospace, a division of Magellan Aerospace, in collaboration with Boeing Research & Technology and the Composites Innovation Centre in Winnipeg, MB, completed a research program to investigate out-of-autoclave processing for potential use in composite aircraft components. These composites can be cured in […]

Toronto Ontario– June 11, 2009 – The Paris Air Show is regarded as the premier aviation and aerospace event in the industry and will be open for business from June15-21, 2009. Magellan Aerospace Corporation’s President and Chief Executive Officer, Mr. Jim Butyniec will be leading a Magellan delegation from the Corporation at the show. “We […]

TORONTO, April 30, 2009 / CNW / – Magellan Aerospace Corporation (“Magellan” or the “Corporation”) announces that it has amended its credit agreement with its existing lenders on terms satisfactory to its Board of Directors and has completed the financing arrangements previously announced on February 4, 2009 and March 27, 2009. Under the terms of […]

Toronto, Ontario – February 4th, 2009 – Magellan Aerospace Corporation (“Magellan”) announced today that the independent members of its Board of Directors have approved additional financing initiatives for Magellan consisting of a new secured subordinated loan in the amount of $15 million (the “New Subordinated Loan”), the extension of the maturity of the preexisting loan […]