Magellan Aerospace Corp Announces Strategic Agreements and Amendments

Magellan Aerospace Corporation, a prominent player in the aerospace and defense sector, has recently made significant strides in its business operations through strategic agreements and amendments. The company, listed on the Toronto Stock Exchange, specializes in providing products and services to commercial and defense aircraft manufacturers and operators globally. Its offerings include repair and overhaul services, manufacturing of components and subsystems, and the design and development of aircraft structures, engines, and advanced energy systems.

Long-Term Agreements with Pratt & Whitney Canada

On April 30, 2025, Magellan Aerospace announced a long-term agreement with Pratt & Whitney Canada. This partnership underscores Magellan’s commitment to strengthening its position in the aerospace industry by collaborating with leading manufacturers. The agreement is expected to enhance Magellan’s capabilities in providing advanced aerospace solutions and services.

Amendment to Revenue-Sharing Deal with GE Aerospace

In a separate development, Magellan Aerospace amended its revenue-sharing agreement with GE Aerospace. This amendment, announced on April 28, 2025, reflects the company’s ongoing efforts to optimize its business arrangements and revenue streams. The revised terms are anticipated to provide Magellan with a more favorable financial outlook, aligning with its strategic objectives.

Financial Overview

As of April 28, 2025, Magellan Aerospace’s stock closed at CAD 13.78. The company’s market capitalization stands at CAD 724,040,000, with a price-to-earnings ratio of 20.46. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of CAD 13.86 on March 24, 2025, and a 52-week low of CAD 7.78 on May 5, 2024.

These recent developments highlight Magellan Aerospace’s proactive approach in securing advantageous partnerships and agreements, positioning the company for sustained growth in the competitive aerospace and defense industry. For more detailed information about Magellan Aerospace’s operations, stakeholders can visit their official website at www.magellanaerospace.com .