Global Solutions for the Aerospace Market

Toronto, Ontario – Friday November 7, 2014 – The Board of Directors of Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) today declared a quarterly cash dividend of $0.055 (five and one-half cents) per share on the Corporation’s common shares. The dividend is payable on December 31, 2014, to stockholders of record at the close of […]

Toronto, Ontario – October 3, 2014 – Magellan Aerospace is proud to celebrate the first anniversary of its MAC-200 Bus on the Cascade SmallSat and IOnospheric Polar Explorer (CASSIOPE) mission in space. The mission has been developed and implemented by Canadian industry led by MacDonald, Dettwiler and Associates Ltd. (MDA), as prime contractor, with important […]

TORONTO, October 1, 2014 /CNW/ – Magellan Aerospace Corporation (“Magellan” or the “Corporation”) announces that it has amended and restated its operating credit agreement with its existing lenders in order to provide revolving loan facilities for Magellan for a four year period, subject to annual extensions of such four year period. Under the terms of […]

Toronto, Ontario – 30 September 2014 – A Magellan Aerospace (“Magellan”) Black Brant IX rocket was successfully launched from the NASA Wallops Flight Facility in Wallops Island, Virginia in the early morning of 28 August 2014 at 5:40 a.m. The launch mission was a test of a new sub-payload deployment method for suborbital rockets and […]

Toronto, Ontario – Tuesday August 12, 2014 – The Board of Directors of Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) today declared a quarterly cash dividend of $0.04 (four cents) per share on the Corporation’s common shares. The dividend is payable on September 30, 2014, to stockholders of record at the close of business on […]

Toronto, Ontario – 30 July 2014 — Magellan Aerospace (“Magellan”) announced today that it has been selected to provide landing gear kits to Boeing Commercial Airplanes (“Boeing”) for the B737 MAX aircraft. The new B737 MAX family will replace the present 737 Next Generation family of aircraft that are currently in production at Boeing. The […]

Toronto, Ontario – Tuesday, 20 May 2014 — Magellan Aerospace (“Magellan”) announced today that, in partnership with the University of Manitoba, an advanced satellite integration facility (ASIF) will be established in Winnipeg, Manitoba. With the support of Western Economic Diversification Canada (WD), the facility will be shared and jointly operated by Magellan and the University […]

Toronto, Ontario – Wednesday May 14, 2014 – The Board of Directors of Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) declared a quarterly cash dividend on Tuesday, May 13, 2014 of $0.04 (four cents) per share on the Corporation’s common shares. The dividend is payable on June 30, 2014, to stockholders of record at the […]

Toronto, Ontario – Monday, 7 April 2014 — Magellan Aerospace Corporation (“Magellan” or the “Corporation”) announced today the award of a contract for engine repair and overhaul (“R&O”) for the F404 engine that powers Canada’s fleet of CF-188 Hornet aircraft. The one-year contract renewal for approximately CDN $55 million, which was competitively bid, commenced on […]

Toronto, March 25, 2014 /CNW/ – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX:MAL) will release its earnings report for the fourth quarter and year-end 2013 on Thursday, March 27, 2014 after the markets close. The results will also be posted on the Company’s website at http://www.magellan.aero. The Company will then host its financial analyst conference call […]

Toronto, Ontario – Monday, 3 March 2014 — Magellan Aerospace Corporation (“Magellan” or the “Corporation”) announced today that the first Magellan-manufactured horizontal tail assembly installed on an F-35A Lightning II aircraft was successfully flown for the first time on Wednesday, 26 February 2014. The Magellan tail assembly flew on aircraft AF-46, an F-35A Conventional Take […]

Toronto, Ontario – Thursday February 20, 2014 – The Board of Directors of Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) today declared a quarterly cash dividend of $0.04 (four cents) per share on the Corporation’s common shares. The dividend is payable on March 31, 2014, to stockholders of record at the close of business on […]

Toronto, Ontario – 22 January 2014 – Magellan Aerospace announced today that an agreement had been reached between Airbus S.A.S. and Magellan Aerospace securing a significant work package to manufacture and supply complex, 5-axis machined wing ribs for Airbus’ single aisle A320 product family including the A320neo. This additional work package complements the existing A320 […]