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Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to make a normal course issuer bid (“NCIB”) through facilities of the Toronto Stock Exchange (the “TSX&...
Magellan Aerospace Corporation (“Magellan”) and RocketFrac Services Ltd. (”RocketFrac”) announced today, a contract for the manufacture of charges for an innovative new fracturing technology that uses solid rocket propellant as an alternative to using hydraul...
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: As a result, all of the above named nom...
Magellan Aerospace Corporation (“Magellan”) announced it has reached a five-year agreement with Safran Landing Systems (“Safran”) to manufacture complex machined landing gear components. The agreement includes the continued manufacture and processing of Magel...
Magellan Aerospace Corporation (“Magellan”) announced today that it has signed a long-term agreement with General Electric Aviation (“GE”) for the repair and overhaul (R&O) of major components for the GE F414-GE-400 engine, which powers Boeing’s F/...
Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.105 (ten and one-half cents) per share on the Corporation’s common shares. The dividend is payable on March 31, 2022, to stockhold...
Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2021. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: 1. Overv...
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Magellan Aerospace Corporation (“Magellan”) announced today the signing of a Memorandum of Understanding (MOU) with Aequs Private Limited (“Aequs”) to explore the development of a business plan for a jointly-owned engine MRO business in the Aequs Special Economic Zone,...
2024-05-14 11:45:00 ET The artificial intelligence (AI) revolution is applicable not only to business operations and supply chains but also to other industries that need efficient systems and improved capabilities. In 2022, the U.S. Department of Defense said it would integrate AI technolog...
Magellan Aerospace Corporation (“Magellan”) announced today that it would provide Black Brant vehicles and hardware to Peraton in support of the NASA Sounding Rocket Program. Under the terms of the five-year agreement Magellan will supply NASA’s annual requirements and could ...