On 7 May 2020, Magellan Aerospace Corporation announced an agreement for the supply of complex machined rotating engine components for military aircraft platforms. The contract, valued at approximately $46.4 million, will be carried out at Magellan’s facility in Mississauga, Ontario over a five year period commencing in 2020. Full story.
It is absolutely essential that Magellan’s global solutions remain cost-competitive and aligned with our customers requirements. To ensure that we maintain a sustainable performance into the 2020s, we have an organization ready to deliver stepped changes in operational cost performance, maintain superior quality, and invest in the technology of the future.
Phillip C. Underwood