Magellan Aerospace Corp: A Key Player in Aerospace & Defense
Magellan Aerospace Corporation, a prominent supplier in the aerospace and defense industry, continues to make significant strides in its operations. Listed on the Toronto Stock Exchange, the company specializes in providing products and services to both commercial and defense aircraft manufacturers and operators worldwide. With a market capitalization of 724 million CAD, Magellan Aerospace stands as a vital player in the industrials sector.
Financial Overview
As of April 24, 2025, Magellan Aerospace’s stock closed at 12.62 CAD. The company’s stock has experienced fluctuations over the past year, reaching a 52-week high of 13.86 CAD on March 24, 2025, and a low of 7.78 CAD on May 5, 2024. The price-to-earnings ratio stands at 20.46, reflecting investor sentiment and market expectations.
Core Operations
Magellan Aerospace is renowned for its comprehensive range of services, including repair and overhaul services, as well as the manufacturing of components and subsystems. The company’s expertise spans radar, sonar, and satellite structures, positioning it as a critical supplier in the aerospace and defense sectors. Additionally, Magellan is involved in the design and development of aircraft structures, engines, and advanced energy systems.
Global Reach and Impact
With a global footprint, Magellan Aerospace serves a diverse clientele, contributing to both commercial and defense aviation advancements. The company’s commitment to innovation and quality ensures its continued relevance and competitiveness in the industry.
For more detailed information about Magellan Aerospace’s operations and offerings, interested parties can visit their official website at www.magellanaerospace.com .