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Magellan Aerospace Corp (MAL.TO)

MAL.TO on Toronto Stock Exchange

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25 Sep 2020
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Latest Key Developments (Source: Significant Developments)

Magellan Aerospace Secures Contract With Collins Aerospace Systems
Tuesday, 14 Jan 2020 

Jan 13 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AEROSPACE SECURES CONTRACT WITH COLLINS AEROSPACE SYSTEMS.MAGELLAN AEROSPACE CORP - AGREEMENT WITH COLLINS FOR SUPPLY OF NOSE LANDING GEAR ASSEMBLIES FOR B737 AIRCRAFT.MAGELLAN AEROSPACE - NOSE LANDING GEAR ASSEMBLIES ARE VALUED AT ABOUT CAD $52 MILLION & WILL BE DELIVERED THROUGH 2024 FROM CO'S FACILITY IN ONTARIO.  Full Article

Magellan Aerospace Corp Q2 Revenue C$264.1 Million
Thursday, 8 Aug 2019 

Aug 7 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q2 REVENUE C$264.1 MILLION VERSUS C$241.2 MILLION.QTRLY EARNINGS PER SHARE $0.37.  Full Article

Magellan Aerospace Signs Agreement With Bae Systems For F-35 Aircraft Assemblies
Tuesday, 14 May 2019 

May 14 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AEROSPACE SIGNS AGREEMENT WITH BAE SYSTEMS FOR F-35 AIRCRAFT ASSEMBLIES.MAGELLAN AEROSPACE CORP - WILL CONTINUE PRODUCING F-35 LIGHTNING II HORIZONTAL TAIL ASSEMBLIES UNDER AN AGREEMENT WITH BAE SYSTEMS.MAGELLAN AEROSPACE - HORIZONTAL TAIL ASSEMBLIES PRODUCED AT MAGELLAN WILL BE USED ON CONVENTIONAL TAKEOFF AND LANDING (CTOL) VARIANT OF F-35.MAGELLAN AEROSPACE CORP - AGREEMENT IS CONTINUATION OF CONTRACT AWARDS MADE TO MAGELLAN BY BAE SYSTEMS.MAGELLAN AEROSPACE CORP - WITH ADDITIONAL QUANTITIES AWARDED, MAGELLAN WILL MORE THAN DOUBLE ITS HORIZONTAL TAILS PRODUCED THUS FAR FOR PROGRAM.  Full Article

Magellan Aerospace Corporation Qtrly Earnings Per Share $0.35
Saturday, 11 May 2019 

May 10 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q1 REVENUE C$269.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$252.4 MILLION.QTRLY EARNINGS PER SHARE $0.35.BY THE END OF 2019, MAGELLAN WILL BE CAPABLE OF SUPPORTING 60 SHIPSETS OF HORIZONTAL TAILS PER YEAR FOR LOCKHEED MARTIN'S F-35.Q1 EARNINGS PER SHARE VIEW C$0.38 -- REFINITIV IBES DATA.  Full Article

Magellan Aerospace Announces Contracts To Produce Aircraft Illumination Flares
Friday, 15 Mar 2019 

March 15 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AEROSPACE ANNOUNCES CONTRACTS TO PRODUCE AIRCRAFT ILLUMINATION FLARES.MAGELLAN AEROSPACE CORP - ANNOUNCED AGREEMENTS VALUED AT C$48 MILLION WITH CANADIAN GOVERNMENT.  Full Article

Magellan Aerospace Corporation Announces Qtrly Net Income Per Share C$0.51
Thursday, 14 Mar 2019 

March 13 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q4 REVENUE C$254.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$240.7 MILLION.QTRLY NET INCOME PER SHARE C$0.51.  Full Article

Magellan Aerospace Qtrly Earnings Per Share $0.32
Wednesday, 7 Nov 2018 

Nov 6 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q3 REVENUE C$226.5 MILLION VERSUS I/B/E/S VIEW C$232.2 MILLION.QTRLY EARNINGS PER SHARE $0.32.MAGELLAN AEROSPACE- CONJUNCTION WITH FARNBOROUGH 2018, FLIGHTGLOBAL FORECAST THAT FORESEES GLOBAL FLEET INCREASING BY 25,000 AIRCRAFT BY 2037.  Full Article