Magellan Aerospace to supply complex castings, engine shafts

Toronto, Canada-based Magellan Aerospace has a 5-year agreement with an undisclosed commercial aero engine customer to manufacture complex magnesium and aluminum castings and finished, machined engine shafts for gas turbine engines. The castings will be produced by Magellan's facilities in Haley, Ontario, and Glendale, Arizona. Magellan's facility in Haverhill, Massachusetts, will manufacture the engine shafts. The new agreement is expected to generate approximately US$42.27 million in revenue for Magellan through 2023.

This new long-term agreement is with an established Magellan customer and provides the framework for a new level of strategic alignment; in addition to legacy casting programs for current engine platforms, the agreement also encompasses the production of shafts at Magellan Aerospace Haverhill Inc. to support additional commercial engine programs.