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Magellan Aerospace Corp (MAL.TO)

MAL.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Magellan Aerospace Secures Contracts For Engine Front Frames And Shafts
Monday, 29 Apr 2019 

April 29 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AEROSPACE SECURES CONTRACTS FOR ENGINE FRONT FRAMES AND SHAFTS.MAGELLAN AEROSPACE CORP - CONTRACTS ARE VALUED AT APPROXIMATELY CDN $45 MILLION AND WILL BE DELIVERED STARTING IN 2019 THROUGH 2022.  Full Article

Magellan Aerospace Signs Multi-Year Contract To Produce Control Surface Ribs For The 777X
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AEROSPACE SIGNS MULTI-YEAR CONTRACT TO PRODUCE CONTROL SURFACE RIBS FOR THE 777X.MAGELLAN AEROSPACE - MULTI-YEAR AGREEMENT WITH BOEING TO MANUFACTURE 777X CONTROL SURFACE RIBS IN SUPPORT OF BOEING'S FOCUSED FACTORY INITIATIVE.MAGELLAN AEROSPACE - WORK WILL BEGIN AT CO'S UNITED KINGDOM FACILITY AND LATER TRANSITION TO A NEW FACTORY IN BANGALORE, INDIA.  Full Article

Magellan Awarded CDN $140 Mln Contract Extension With Airbus
Tuesday, 6 Nov 2018 

Nov 5 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AWARDED CDN $140 MILLION CONTRACT EXTENSION WITH AIRBUS.MAGELLAN AEROSPACE - SECURED 6-YEAR AGREEMENT WITH AIRBUS FOR CONTRACT EXTENSION FOR MANUFACTURE OF A350 XWB CENTRE WING BOX & KEEL BEAM DETAIL PARTS.  Full Article

Magellan Aerospace Corp QTRLY Earnings Per Share $0.40
Thursday, 9 Aug 2018 

Aug 8 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q2 REVENUE C$241.2 MILLION VERSUS I/B/E/S VIEW C$248.9 MILLION.QTRLY EARNINGS PER SHARE $0.40.  Full Article

Magellan Aerospace Corporation Q4 Earnings Per Share $0.55‍​
Wednesday, 7 Mar 2018 

March 6 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q4 REVENUE C$235.6 MILLION VERSUS C$247.1 MILLION.QTRLY EARNINGS PER SHARE $0.55‍​.  Full Article

Magellan Aerospace Corp announces qtrly earnings per share $0.33‍​
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Magellan Aerospace Corp ::Magellan Aerospace Corporation announces Q3 2017 financial results.Q3 revenue C$232.6 million versus I/B/E/S view C$236.5 million.Qtrly earnings per share $0.33‍​.Magellan Aerospace Corp- all figures in c$.  Full Article

Magellan Aerospace selected by Airbus for A320neo PW exhaust systems
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - Magellan Aerospace Corp :Magellan Aerospace Corp selected by Airbus for A320neo PW exhaust systems.Magellan Aerospace Corp - ‍revenue generated from the life-of-program contract is estimated to exceed CDN $200 million over first ten years of contract​.Magellan Aerospace Corp - Will design, develop, manufacture exhaust systems for A320neo PW1100G-JM nacelle with first unit scheduled to enter into service in 2022.  Full Article

Trump says he will nominate Barbara Barrett to be Air Force secretary

WASHINGTON U.S. President Donald Trump said on Tuesday he will nominate Barbara Barrett, a former chair of the Aerospace Corporation, to be secretary of the Air Force.