Magellan Aerospace Selected for A350XWB Program

Magellan Aerospace Corp. and Airbus S.A.S. have an agreement securing a major work package on the Airbus A350XWB. The package, which is an addition to other supply contracts Magellan Aerospace has on the A350XWB, consists of a series of machined and assembled structural components for the fuselage structure in this aircraft which supports the cabin storage bins and aircraft systems and is worth approximately US$45 million dollars over the next 4 years.

 

Production will utilize existing and new capacity at Magellan's facilities in the UK in Wrexham, Chalfont, and Greyabbey. To support this program Magellan will invest in a range of new high technology machines to optimize efficiency and value to the customer. 

 

Jim Butyniec, president and CEO of Magellan, discussed the strategic importance of participation on the A350XWB program and Magellan's continued drive to secure major work packages on future aircraft for Airbus and Boeing programs. He commented, "This new package, together with existing A350XWB work consolidates Magellan's strong position on this exciting new Airbus program"