Magellan Aerospace Expects US$20M from Airbus A350

Airbus has awarded a contract for Magellan Aerospace Corp. to supply detail components for the A350 XWB passenger jets.

The contract will provide more than US$20 million of revenue over 10 years, Magellan said Monday.

The Toronto-based company said the work will be done by its U.K. subsidiary in Bournemouth, England.

The contract requires the machining and treatment of complex aluminium lithium detail components and delivery to the final assembly line in Toulouse, France.

"This package, together with Magellan's existing A350 XWB work on the center wing box and the pylon secondary structure, augments Magellan's position on this exciting new program," said Jim Butyniec, Magellan's president and chief executive.

The A350 XWB is part of Airbus's newest generation of passenger jets made with advanced materials. The XWBs will seat between 250 and 350 passengers, depending on the version.

Magellan designs, engineers and manufactures aeroengine and aerostructure assemblies and components for the aerospace, military and space markets.