Magellan Announces Quarterly Dividend September 30, 2020
MISSISSAUGA, Ontario, May 25th, 2020 — Magellan Aerospace Corporation (“Magellan or Corporation”) (TSX: MAL) announced today that the Toronto Stock Exchange (the “TSX or Exchange”) has approved its notice of intention to make a normal course issuer bid (“the Bid”) to purchase for cancellation, from time to time, as it considers advisable, up to 2,910,450 of the […]
Toronto, Ontario – 7 May 2020 — Magellan Aerospace Corporation (“Magellan”) announced an agreement with an undisclosed customer 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 […]
Magellan Announces Quarterly Dividend June 30, 2020
Toronto, Ontario – 16 April 2020 — Magellan Aerospace Corporation (“Magellan”) announced today that it would provide Black Brant sounding rocket motors to The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt e.V. or “DLR”) that is estimated to generate revenue of up to $9.4 million over the term of the agreement. The DLR […]
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22 September 2020 MAGELLAN’S WIRE STRIKE PROTECTION SYSTEM™ FOR ROBINSON R66 EASA APPROVED Magellan Aerospace Corporation’s Wire Strike Protection System™ (WSPS™) is now EASA approved and available for the Robinson R66 helicopter platform across the European region. The WSPS™ is designed to provide a measure of protection for helicopters in level flight in the event […]View Article
15 September 2020 MAGELLAN AEROSPACE TO MANUFACTURE HONEYCOMB ASSEMBLIES FOR US NAVY Magellan Aerospace is under contract from the U.S. Navy to manufacture critical components for the Electromagnetic Aircraft Launch System (EMALS) for the Ford-class aircraft carriers. These energy absorption blocks are manufactured by Magellan’s Middletown, Ohio division and are scheduled for delivery to the […]View Article