Global Solutions for the Aerospace Market

Toronto, Ontario – Tuesday, November 10, 2015 – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.0575 (five and three-quarter cents) per share on the Corporation’s common shares. The dividend is payable on December 31, 2015, to stockholders of record at the close […]

Toronto, Ontario – October 5, 2015 – Magellan Aerospace (“Magellan”) announced today that it has been awarded a follow on contract to provide nose and main landing gear components and kitted assemblies to Messier-Bugatti-Dowty (“MBD”) for major commercial aircraft customers. Magellan has produced these complex machined components for MBD since 2009.The parts are manufactured in […]

Toronto, Ontario – September 15, 2015– Magellan Aerospace (“Magellan”) announced today that they have entered into an international partnership agreement with the Student Spaceflight Experiment Program (SSEP). The SSEP is a US-based, immersive program that was launched in June 2010 by the National Center for Earth and Space Science Education (NCESSE) that gives typically 300+ […]

Toronto, ON – September 15, 2015 – Magellan Aerospace (“Magellan”) is pleased to report the progress on a previously announced contract with MacDonald, Dettwiler and Associates Ltd. (“MDA”), a prime contractor for Canada’s RADARSAT Constellation Mission (“RCM”). Magellan has achieved key milestones in the contract with the delivery of the structure for the first two […]

Toronto, Ontario – Tuesday, August 11, 2015 – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) announced today that its Board of Directors 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 September 30, 2015, to stockholders of record at the close […]

Le Bourget, France – June 18, 2015 – Magellan Aerospace Corporation (“Magellan”) announced today the signing of a Memorandum of Understanding (MOU) with Mahindra Aerospace (“Mahindra”), an Indian-based aerospace manufacturing company, to develop a partnership agreement. This agreement will provide the framework for the two companies to offer their mutual customers major structural assemblies, machined […]

Toronto, Ontario – 15 May 2015, Magellan Aerospace Corporation (“Magellan”) is pleased to announce today that it has acquired all of the outstanding ordinary shares of Euravia Engineering & Supply Co. Limited (“Euravia”) for total net consideration of approximately $56.5 million (£30.0 million), net of cash acquired of $15.0 million (£8.0 million). The purchase price […]

Toronto, Ontario – Tuesday, May 12, 2015 – 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 June 30, 2015, to stockholders of record at the close of […]

Toronto, Ontario – Wednesday, 29 April 2015 — Magellan Aerospace (“Magellan”) announced today the award of an option year related to the contract for engine repair and overhaul (“R&O”) of the F404 engine that powers Canada’s fleet of CF-188 Hornet aircraft. The one-year, follow-on option year commenced on 1 April 2015, and has projected value […]

Toronto, Ontario, 6 April 2015 – Magellan Aerospace announced today that it will open a new, advanced, precision machining facility in Mielec, Poland. The new machining centre complements Magellan’s existing surface treatment facility in Poland and is expected to be fully operational in the second half of 2015. The facility will initially specialise in the […]

Toronto, March 23, 2015 /CNW/ – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX:MAL) will release its earnings report for the fourth quarter and year-end 2014 on Wednesday, March 25, 2015 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 – March 4, 2015 – Magellan Aerospace (Magellan) and the University of Manitoba today unveiled their new Advanced Satellite Integration Facility (or ASIF) at Magellan’s facility in Winnipeg, Manitoba. The facility will support research, development, construction and testing of satellite systems and components. The facility was constructed in an existing 6,000-square-foot area, large […]

Toronto, Ontario – Friday February 20, 2015 – 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 March 31, 2015, to stockholders of record at the close of […]

Toronto, Ontario – January 6, 2015 – Magellan Aerospace (“Magellan”) announced today the signing of a 10-year agreement with Pratt & Whitney Canada (“P&WC”), a United Technologies Company for the supply of complex magnesium and aluminum castings. The castings will be produced primarily by Magellan’s Haley, Ontario division, with several being produced at its Glendale, […]