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Magellan Aerospace is an integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies. The company designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products. Its products include aerostructure components, engine nacelles, sounding rockets, target systems, small satellites, precision magnesium and aluminum sand castings, aircraft engines, gas turbines, and other industrial components.
HQMississauga, CA

Latest Updates

Employees (est.) (Dec 2020)3,400(-19%)
Job Openings36
Revenue (FY, 2020)C$744.4 M(-26%)
Share Price (Nov 2021)C$10.3
Cybersecurity ratingBMore
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Key People/Management at Magellan Aerospace

Phillip Underwood

Phillip Underwood

President & CEO
Elena Milantoni

Elena Milantoni

Jo-Ann Ball

Jo-Ann Ball

Vice President, Human Resources
Karen Yoshiki-Gravelsins

Karen Yoshiki-Gravelsins

Vice President, Corporate Stewardship & Operational Excellence
Ian Roberts

Ian Roberts

Vice President, Information Technology
Mark Allcock

Mark Allcock

Vice President, Information Technology
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Magellan Aerospace Office Locations

Magellan Aerospace has offices in Mississauga, Haley Station, Kitchener, Winnipeg and in 13 other locations
Mississauga, CA (HQ)
3160 Derry Rd E
Haley Station, CA
634 Magnesium Rd
Kitchener, CA
975 Wilson Ave
Winnipeg, CA
660 Berry St
Marignane, FR
Zac des Florides, boulevard Jean-Loup Chrétien
Bengaluru, IN
Plot No. 69 to 81, (Aerospace SEZ sector) Hitech Defence and Aerospace Park, Devanahalli
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Magellan Aerospace Financials and Metrics

Magellan Aerospace Revenue

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Magellan Aerospace's revenue was reported to be C$744.41 m in FY, 2020 which is a 26.7% decrease from the previous period.

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Magellan Aerospace's current market capitalization is C$592.9 m.
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Magellan Aerospace Operating Metrics

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Magellan Aerospace Acquisitions / Subsidiaries

Company NameDateDeal Size
Lawrence Ripak Co., Inc.November 16, 2015$23.7 m
Euravia Engineering & Supply Co LtdJune 29, 2015
Ellanef Manufacturing Corp.December 31, 1999
Bristol Aerospace LimitedJuly 02, 1997c$62.5 m
Bristol Aerospace Limited
Euravia Engineering & Supply Co. Limited
GNC America Inc.
Haley Holding Company Ltd
Haley Industries Limited
Magellan Aerospace, Bethel, Inc.
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Magellan Aerospace Revenue Breakdown

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Magellan Aerospace revenue breakdown by business segment: 81.4% from Sale of Goods and 18.6% from Services

Magellan Aerospace revenue breakdown by geographic segment: 45.5% from Canada, 27.2% from United States and 27.3% from Europe

Magellan Aerospace Cybersecurity Score

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Magellan Aerospace Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


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Magellan Aerospace Online and Social Media Presence

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Magellan Aerospace News and Updates

Magellan Aerospace (TSE:MAL) Is Due To Pay A Dividend Of CA$0.10

Magellan Aerospace Corporation (TSE:MAL) will pay a dividend of CA$0.10 on the 29th of September. This makes the dividend yield 4.2%, which will augment investor returns quite nicely.

Memorial Award available for Mechanical and Electrical Engineering students

Red River College announced today the Magellan Aerospace James (Jim) S. Butyniec Memorial Award available for Mechanical and Electrical Engineering students.

Magellan Aerospace Corporation announces financial results

Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the second quarter of 2021. All amounts are expressed in Canadian dollars unless otherwise indicated.

Magellan Aerospace announces Quarterly Dividend

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 September 29, 2021, to stockholders of record at…

Magellan Aerospace secures multi-year airbus contract renewal

Magellan Aerospace Corporation (“Magellan”) announced today a contract extension between Magellan Aerospace (UK) Limited and Airbus SAS (“Airbus”) for the supply of aluminum and titanium structural wing components from Magellan UK’s facilities located throughout Europe and India

Magellan Aerospace announces renewal of Normal Course Issuer Bid

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”) or other alternative Canadian trading s…
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Magellan Aerospace Blogs

Magellan to Exhibit at the Aerospace and Defense Supplier Summit

Magellan is attending the Aerospace and Defense Supplier Summit, taking place 6-8 April 2020 at the Washington State Convention Center.  We look forward to meeting with the Boeing Conference Day attendees and the other B2B participants.  All are welcome to drop by our booth located at 1503 – 1505 in…

Magellan and Euravia to Exhibit in the Canadian Pavilion at the Singapore Airshow

Asia’s largest aerospace and defence event, the Singapore Airshow, will be held from 11-16 February 2020 at the Changi Exhibition Centre. Visit Magellan and Euravia representatives at booth #U97 in the Canadian Pavilion.   The post Magellan and Euravia to Exhibit in the Canadian Pavilion at the Sing…

Magellan and Euravia to Exhibit at Heli-Expo 2020

The world’s largest helicopter trade show and exhibition, Heli-Expo, takes place from 28-30 January 2020 at the Anaheim Convention Center in Anaheim, California. Visit representatives from Magellan and Euravia, a Magellan Aerospace company, at booth #224. Highlighted will be Euravia’s PT6 and M250 e…

Magellan Aerospace Congratulates the Canadian Space Agency on the Successful Launch of the RADARSAT Constellation Mission

On 12 June 2019, Magellan Aerospace congratulates the Canadian Space Agency on the RADARSAT Constellation Mission (RCM) that was launched successfully today from Vandenberg, California aboard a SpaceX Falcon 9 rocket. The three identical RCM satellite buses were built by Magellan under subcontract t…

Magellan to Exhibit at the 2019 Paris Air Show

Magellan will exhibit at the International Paris Air Show, held in Le Bourget, France from 17-23 June 2019. Visit the Magellan team in the Canadian Pavilion, located in Hall 3 at Stand D80.   The post Magellan to Exhibit at the 2019 Paris Air Show appeared first on Magellan Aerospace.

Magellan Aerospace Signs Agreement with BAE Systems for F-35 Aircraft Assemblies

Today, May 14, 2019, Magellan Aerospace Corporation announced that it will continue producing F-35 Lightning II horizontal tail assemblies under an agreement with BAE Systems. The agreement is the continuation of contract awards made to Magellan by BAE Systems and with the additional quantities awar…
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Magellan Aerospace Frequently Asked Questions

  • When was Magellan Aerospace founded?

    Magellan Aerospace was founded in 1996.

  • Who are Magellan Aerospace key executives?

    Magellan Aerospace's key executives are Phillip Underwood, Elena Milantoni and Jo-Ann Ball.

  • How many employees does Magellan Aerospace have?

    Magellan Aerospace has 3,400 employees.

  • What is Magellan Aerospace revenue?

    Latest Magellan Aerospace annual revenue is C$744.4 m.

  • What is Magellan Aerospace revenue per employee?

    Latest Magellan Aerospace revenue per employee is C$218.9 k.

  • Who are Magellan Aerospace competitors?

    Competitors of Magellan Aerospace include Curtiss-Wright, Ratier-Figeac and RUAG International.

  • Where is Magellan Aerospace headquarters?

    Magellan Aerospace headquarters is located at 3160 Derry Rd E, Mississauga.

  • Where are Magellan Aerospace offices?

    Magellan Aerospace has offices in Mississauga, Haley Station, Kitchener, Winnipeg and in 13 other locations.

  • How many offices does Magellan Aerospace have?

    Magellan Aerospace has 17 offices.