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Global Solutions for the Aerospace Market

2018 Press Releases

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Q3 2018 Earnings Release

November 6, 2018

Magellan Awarded Cdn $140M Contract Extension with Airbus

November 5, 2018

Toronto, Ontario – 5 November 2018 — Magellan Aerospace Corporation (“Magellan”) announced today, that they have secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts. It is estimated that revenue generated from this work package will exceed CDN $140 […]

Magellan Announces Quarterly Dividend December 31 2018

November 2, 2018

Toronto, Ontario – Friday, November 2, 2018 – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) announced today that its Board of Directors has approved a quarterly common stock cash dividend for the fourth quarter of 2018 of $0.10 (ten cents) per share, a 17.6 percent increase in the rate of the Corporation’s quarterly dividend from […]

Magellan Completes Delivery of RCM Hardware

October 17, 2018

Toronto, Ontario – 17 October 2018 — Magellan Aerospace Corporation (“Magellan”) announced today the completion of all hardware deliveries to MDA, a Maxar Technologies company, for the RADARSAT Constellation Mission (RCM) being built for the Canadian Space Agency. In late September, the Multi-Layered Insulation (MLI) blankets were installed on the final satellite bus, marking the […]

Magellan Becomes Aeromet A20X Advanced Aluminium Licensee

October 15, 2018

Toronto, Ontario – 15 October 2018 — Magellan Aerospace (“Magellan”) and Aeromet International Ltd, (“Aeromet”) announced today that Magellan’s Haley, Ontario site has joined a global network of foundries licensed to manufacture cast parts using the advanced A20X™ aluminium alloy. Developed and patented by Aeromet in the UK, A20X™ is the world’s strongest aluminium casting […]

Magellan Announces Credit Facility Update

September 14, 2018

TORONTO, September 14, 2018 /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 two year period. Under the terms of the amended operating credit agreement, Magellan and the lenders […]

Magellan Signs Long Term Purchase Agreement with Pratt & Whitney

August 13, 2018

Toronto, Ontario – 13 August 2018 — Magellan Aerospace (“Magellan”) announced today the signing of a six year agreement with Pratt & Whitney to manufacture aluminum castings for their Next Generation Product Family (“NGPF”) of engines, powering the Airbus A320neo, Airbus A220 (formerly known as Bombardier C-Series), Embraer E2 series and Mitsubishi MRJ aircraft. The […]

Q2 2018 Earnings Release

August 8, 2018

Magellan Announces Quarterly Dividend September 28 2018

August 3, 2018

Toronto, Ontario – Friday, August 3, 2018 – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.085 (eight and one-half cents) per share on the Corporation’s common shares. The dividend is payable on September 28, 2018, to stockholders of record at the close […]

Magellan Signs LTA with Hamilton Sundstrand

May 22, 2018

Toronto, Ontario – 22 May 2018 — Magellan Aerospace (“Magellan”) announced today the signing of an agreement with Hamilton Sundstrand Corporation, a UTC Aerospace Systems Company (“Hamilton Sundstrand”), to manufacture complex magnesium and aluminium castings for various military and commercial aerospace platforms. The castings will be produced by Magellan’s facilities in Haley, Ontario and Glendale, […]

Magellan Invests in Establishing World-Leading Space Capability

May 11, 2018

Winnipeg, Manitoba – 11 May 2018 — Magellan Aerospace (Magellan) announced today, funding of CDN $625,000 for an Industrial Research Chair (IRC) in the area of satellite development, and a further CDN $120,000 contribution towards a second Chair for Design Engineering, both at the University of Manitoba (U of M). Magellan’s Winnipeg division and the […]

Q1 2018 Earnings Release

May 3, 2018

Magellan Announces Quarterly Dividend June 29 2018

May 1, 2018

Toronto, Ontario – Tuesday, May 1, 2018 – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.085 (eight and one-half cents) per share on the Corporation’s common shares. The dividend is payable on June 29, 2018, to stockholders of record at the close […]

Magellan Announces Report on Voting Results

May 1, 2018

Mississauga, Ontario – May 1, 2018 – Magellan Aerospace Corporation (the “Corporation”) announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nominees for directors of the Corporation received the following votes: Name of Proposed Nominee Votes For Percentage of Votes For Votes Withheld Percentage of Votes Withheld N. […]

Magellan Secures Multiple Contracts from Boeing

April 30, 2018

Toronto, Ontario – 30 April 2018 — Magellan Aerospace (“Magellan”) announced that a number of major contract extensions and new awards have been made by The Boeing Company to Magellan. Multi-year contract renewals were agreed to for the manufacture of titanium wing fittings for the Boeing 787 Dreamliner and the detail manufacture and assembly of […]

Magellan signs LTA to Supply Complex Castings and Engine Shafts

April 24, 2018

Toronto, Ontario – 24 April 2018 — Magellan Aerospace (“Magellan”) announced today the signing of a 5-year agreement with an undisclosed commercial aeroengine customer to manufacture complex magnesium and aluminium castings and finished, machined engine shafts for gas turbine engines. The castings will be produced by Magellan’s facilities in Haley, Ontario and Glendale, Arizona, and […]

Magellan Secures Airbus A330 Wing Ribs Contract

April 19, 2018

Toronto, Ontario – 19 April 2018 — Magellan Aerospace (“Magellan”) announced today, that they have secured a 5-year agreement with Airbus to supply wing ribs for the A330 aircraft. Magellan will manufacture ribs 2 through 5, the largest ribs in the skeletal structure of the aircraft wing. Revenue generated from production of these wing ribs […]

Q4 2017 Earnings Release

March 6, 2018

Magellan Announces Quarterly Dividend March 30 2018

March 2, 2018

Toronto, Ontario – Friday, March 2, 2018 – Magellan Aerospace Corporation (“Magellan Aerospace”) (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.085 (eight and one-half cents) per share on the Corporation’s common shares. The dividend is payable on March 30, 2018, to stockholders of record at the close […]

Magellan Aerospace Announces R66 WSPS™ Kit

February 22, 2018

Toronto, Ontario – February 22, 2018 – Magellan Aerospace (“Magellan”) and Robinson Helicopter Company (“Robinson”) announced today that a Wire Strike Protection System™ (WSPS™) is now available for the Robinson R66 helicopter platform. The WSPS™ is designed to provide a measure of protection for helicopters in level flight in the event of an encounter with […]

Magellan Delivers Canadian Satellite Power Control Unit

January 22, 2018

Toronto, Ontario – January 22, 2018 – Magellan Aerospace (“Magellan”) announced today that it has delivered the first of three Power Control Units (“PCU”) for an upcoming space mission. In 2016, Magellan was selected by the Laboratory for Atmospheric and Space Physics (“LASP”), at the University of Colorado Boulder, to provide satellite technology for a […]

Corporate Office

3160 Derry Road East Mississauga, ON L4T 1A9 T +1 905 677 1889 F +1 905 677 5658 magellan.corporate@magellan.aero

Media Inquiries

Laura Podaima Director, Marketing Services & Corporate Communications T +1 204 788 2831 laura.podaima@magellan.aero

Investor Relations

T +1 905 677 1889 ir@magellan.aero

WSPS® Inquiries

Richard Fu Manager, Business Development T +1 204 775 8331 ext. 12890 wsps@magellan.aero

Magellan™, Magellan Operating System™, MOS™, Wire Strike Protection System®, Wire Strike® and WSPS® are trademarks of Magellan Aerospace. All content, photography and documents within are the exclusive copyright of Magellan Aerospace Corporation. All rights reserved. Site by Premise.

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