Canada’s Magellan Aerospace a World Leader

Magellan Aerospace Corporation is a leading global supplier of technologically advanced aerospace systems and components. Headquartered in Mississauga, Magellan Aerospace Corporation designs, engineers and builds a wide range of engine and structural components for the world’s largest airplane and engine manufacturers, along with advanced products for the global defence and space industries.

The corporation’s worldwide facilities engage in engineering and manufacturing work. The company relies heavily on its four Canadian business divisions; approximately 1,500 of the company’s global staff of 3,500 work in Canada. The company’s Canadian facilities are located in aerospace hubs in Southern Manitoba and Ontario. These hubs are sustained by a large, skilled workforce, and strengthened by partnerships with leading academic institutions and accessible R&D incentives.

The Canadian divisions are the primary focus of an ongoing $120 million expansion in support of Magellan’s participation in the Joint Strike Fighter (JSF) program. JSF is a U.S.-led, international program that involves the design and production of a new series of sophisticated military aircraft. Magellan will manufacture engine components, along with advanced-composite assemblies for the wings and tail.

The company’s latest space project involved the design and manufacture of the CASSIOPE satellite bus. CASSIOPE is a small satellite commissioned by the Canadian Space Agency and scheduled to launch in 2010. To accommodate the manufacture of additional satellites, Magellan plans to expand its ‘clean room’ in Canada.

Magellan Aerospace [www.magellan.com] is another example of Canadian leadership and excellence the global business world continues to count on.

Additional Facts

  • In 2009, Magellan Aerospace posted annual revenues of approximately $750 million.
  • Magellan Aerospace operates facilities throughout Canada, the United States, the United Kingdom and India.
  • Magellan is a public company traded on the Toronto Stock Exchange (symbol: MAL.TO).