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Highlights:
Magellan Aerospace has secured multi-year agreements with Pratt & Whitney Canada.
The company operates in the aerospace sector and is listed on the TSX.
Manufacturing services will include complex components for engine programs.
Magellan Aerospace Corporation (TSX:MAL) operates within the aerospace and defense manufacturing sector and is listed on the Toronto Stock Exchange (TSX). The company is also tracked on indexes including the S&P/TSX SmallCap Index and the S&P/TSX Capped Industrials Index. Magellan is involved in producing engineered aerospace systems and components, supplying both commercial and defense aviation markets.
Magellan maintains an international footprint, with production capabilities in North America, Europe, and Asia. Its scope includes aerostructures, engine parts, and satellite systems, supporting a wide range of aircraft manufacturers and global aerospace programs.
New Agreements with Pratt & Whitney Canada
Magellan has formalized multi-year agreements with Pratt & Whitney Canada to deliver machined components and complex assemblies. These parts are intended for various engine platforms and will be manufactured at facilities in Ontario and Manitoba.
The agreements strengthen the collaboration between the two companies, with production efforts centered on aerospace-grade components for regional and business jet engines.
Manufacturing Scope and Capabilities
The scope of work under the agreement includes advanced machining, component finishing, and inspection services. Magellan's facilities are equipped for aerospace-grade alloys and complex geometries, essential for manufacturing engine parts with high performance standards.
Production will involve automated systems and tooling solutions, which are integral to meeting stringent aerospace specifications. These manufacturing capabilities support global supply chains for high-demand engine programs.
Support for Regional Aerospace Supply Chain
The agreement reinforces Canada's role in the global aerospace industry. Magellan’s manufacturing activities contribute to the broader network of suppliers, engineers, and technical professionals supporting aircraft programs. The company’s operations in Ontario and Manitoba are part of established aerospace hubs, where it continues to play a role in sustaining industrial output and skilled employment.
Engineering Integration and Quality Assurance
The collaboration also includes process validation and quality control aligned with international aerospace standards. Engineering teams will be engaged in integrating the contracted work within existing production lines while maintaining detailed traceability and compliance throughout. These efforts ensure streamlined production workflows while meeting delivery timelines for aerospace customers globally.
