Metals deal [CANSEC2016D2]

26 May 2016

Magellan Aerospace (Booth 1906) earlier this month announced a contract extension between Magellan Aerospace UK and Airbus for the supply of aluminium and titanium structural wing components.

The contract, valued at about C$700 million, includes precision machined details and assemblies for use in the Airbus A320 and A330 families, and the A380 programme.

Magellan was also awarded an approximately C$20 million contract to supply certain wing ribs for the A380. This was followed by a deal with GKN Aerospace for a contract extension to deliver aluminium and titanium components and assemblies to GKN Aerospace’s Filton, UK, facility where wing structures are manufactured and assembled for the A320, A330 and A380 aircraft programmes. This contract, and another to supply A350 outboard flap precision machine details and assemblies, is projected to generate revenues in excess of C$166 million through to December 2020.

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