Global Solutions for the Aerospace Market

Toronto, Ontario – November 29, 2010 – Magellan Aerospace Corporation announced today the commissioning of the first new high-velocity, hard metal machining centre to undertake F-35 opportunities of up to $212M Cdn for various customers over the initial fifteen years of the program. Magellan currently has firm contracts for the multi-year purchase of manufacturing packages […]

TORONTO, October 8/CNW/ – Magellan Aerospace was honoured to host a visit from The Right Honourable Stephen Harper, Prime Minister of Canada, at its Bristol Aerospace division in Winnipeg yesterday. The Prime Minister joined Magellan in welcoming a group of international and Canadian dignitaries to celebrate the initiation of the new Advanced Composite Manufacturing Facility […]

Toronto, Ontario, July 16, 2010 – Magellan Aerospace commends the Government of Canada for its decision to proceed with the Joint Strike Fighter (JSF) program as the choice for Canada’s future fighter aircraft. This decision conveys the government‘s commitment that the JSF F-35 aircraft is the right aircraft for Canada to replace the CF18 fleet […]

Toronto, Ontario – 7 July, 2010 – Magellan Aerospace Corporation announced today that an agreement has been reached between Airbus and Magellan Aerospace (UK) Limited securing a further major work package on Airbus’ new A350 XWB. It is expected to generate revenues in excess of $60 million over the next ten years. The package consists […]

Toronto, Ontario – May 12, 2010: Magellan Aerospace Corporation announced today that it has reached agreement with Rolls-Royce Plc and Rolls-Royce Deutschland Ltd & Co KG to manufacture mainline shafts and stub shafts for various Rolls-Royce engine programs. The work will be performed on these flight safety critical rotating parts at Magellan’s Middleton Aerospace facility […]

Toronto, Ontario – April 6, 2010 – Magellan Aerospace Corporation announced today that an agreement has been reached between GKN Aerospace – Filton and Magellan Aerospace (UK) Ltd, securing a major work package on the Airbus A380 program. The package contains 203 parts which are mostly machined aluminium detail components. It is expected to generate […]

TORONTO, March 26, 2010 / CNW / – Magellan Aerospace Corporation (“Magellan” or the “Corporation”) announces that it has amended its operating credit agreement with its existing lenders and has completed the subordinated loan financing previously announced on December 23, 2009. Under the terms of the amended operating credit agreement, Magellan and the lenders have […]