Edition:
United States

Magellan Aerospace Corp (MAL.TO)

MAL.TO on Toronto Stock Exchange

15.98CAD
3:53pm EDT
Change (% chg)

$0.08 (+0.50%)
Prev Close
$15.90
Open
$16.00
Day's High
$16.00
Day's Low
$15.75
Volume
279,640
Avg. Vol
19,467
52-wk High
$21.90
52-wk Low
$15.02

Latest Key Developments (Source: Significant Developments)

Magellan Aerospace Corp QTRLY Earnings Per Share $0.40
Wednesday, 8 Aug 2018 06:28pm EDT 

Aug 8 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q2 REVENUE C$241.2 MILLION VERSUS I/B/E/S VIEW C$248.9 MILLION.QTRLY EARNINGS PER SHARE $0.40.  Full Article

Magellan Aerospace Corporation Q4 Earnings Per Share $0.55‍​
Tuesday, 6 Mar 2018 07:00pm EST 

March 6 (Reuters) - Magellan Aerospace Corp ::ORATION ANNOUNCES FINANCIAL RESULTS.Q4 REVENUE C$235.6 MILLION VERSUS C$247.1 MILLION.QTRLY EARNINGS PER SHARE $0.55‍​.  Full Article

Magellan Aerospace Corp announces qtrly earnings per share $0.33‍​
Tuesday, 7 Nov 2017 05:01pm EST 

Nov 7 (Reuters) - Magellan Aerospace Corp ::Magellan Aerospace Corporation announces Q3 2017 financial results.Q3 revenue C$232.6 million versus I/B/E/S view C$236.5 million.Qtrly earnings per share $0.33‍​.Magellan Aerospace Corp- all figures in c$.  Full Article

Magellan Aerospace selected by Airbus for A320neo PW exhaust systems
Wednesday, 20 Sep 2017 05:00pm EDT 

Sept 21 (Reuters) - Magellan Aerospace Corp :Magellan Aerospace Corp selected by Airbus for A320neo PW exhaust systems.Magellan Aerospace Corp - ‍revenue generated from the life-of-program contract is estimated to exceed CDN $200 million over first ten years of contract​.Magellan Aerospace Corp - Will design, develop, manufacture exhaust systems for A320neo PW1100G-JM nacelle with first unit scheduled to enter into service in 2022.  Full Article

Magellan Aerospace reports Q1 revenue of C$247.2 mln
Thursday, 4 May 2017 05:00pm EDT 

May 4 (Reuters) - Magellan Aerospace Corp :Magellan aerospace corporation announces financial results.Q1 revenue c$247.2 million versus i/b/e/s view c$259.8 million.Magellan aerospace corp - qtrly earnings per share c$0.68.Magellan aerospace -production rates for b737 and b737 max programs expected to increase from current 42 aircraft/month to 47 aircraft/month in q3 of 2017.Magellan aerospace corp says traditional regional aircraft market is not expected to change in 2017.Q1 earnings per share view c$0.40, revenue view c$259.8 million -- Thomson Reuters I/B/E/S.  Full Article

Magellan Aerospace Corporation qtrly earnings per share $0.41
Wednesday, 8 Mar 2017 08:27pm EST 

Magellan Aerospace Corp : Magellan Aerospace Corporation announces financial results . Q4 revenue C$247.1 million versus I/B/E/S view C$250.4 million . Qtrly earnings per share $0.41 . Traditional regional aircraft market is not expected to change in 2017 . Magellan Aerospace Corp - "many expect that U.S. Defense procurement spending will rise under new US administration" . Magellan Aerospace - it is as yet unknown what impact political movement towards nationalism in U.S. and UK will have on global defense spending .Magellan Aerospace- commercial rotorcraft & business jets markets remain down and are not expected to change much in 2017.  Full Article

Magellan Aerospace awarded engine maintenance contract for CF-188 F404
Friday, 3 Feb 2017 12:45pm EST 

Magellan Aerospace Corp : Magellan Aerospace awarded engine maintenance contract for CF-188 F404 . Preliminary funding amount of CDN$45m has been approved to launch multi-year agreement . Contract includes options to extend duration of agreement beyond 2021 .Announced contract award from public services & procurement canada for engine repair, overhaul, fleet management services on F404 engine.  Full Article

Magellan Aerospace secures multi-year boeing 777x & 787 Dreamliner contracts
Thursday, 13 Oct 2016 05:28pm EDT 

Magellan Aerospace Corp : Magellan Aerospace secures multi-year Boeing 777X & 787 Dreamliner contracts . Magellan Aerospace Corp says signing of new long-term contracts for supply of complex titanium machined components for 777X program . Magellan Aerospace Corp- New long-term 777X contracts and 787 extension period will take effect in 2017 .Magellan Aerospace -In addition, co and Boeing agreed to long term contract extension on existing 787 Dreamliner program statement of work.  Full Article

BRIEF-Magellan Aerospace Signs Agreement With Hamilton Sundstrand

* MAGELLAN AEROSPACE-SIGNED AGREEMENT WITH HAMILTON SUNDSTRAND, TO MAKE COMPLEX MAGNESIUM,ALUMINIUM CASTINGS FOR MILITARY,COMMERCIAL AEROSPACE PLATFORMS Source text for Eikon: Further company coverage: