Business
Magellan Aerospace at the Paris Air Show 2009
TORONTO, June 11 /CNW/ - The Paris Air Show is regarded as the premier aviation and aerospace eve...
About this update from Magellan Aerospace Corporation
[{"type":"text","content":"\n\n\n\nTORONTO, June 11 /CNW/ - The Paris Air Show is regarded as the premier\naviation and aerospace event in the industry and will be open for business\nfrom June 15-21, 2009. Magellan Aerospace Corporation's President and Chief\nExecutive Officer, Mr. Jim Butyniec will be leading a Magellan delegation from\nthe Corporation at the show.\n\n\n"We look forward to a highly productive week of meeting with our existing\ncustomers and our supply base, and to the opportunity to establish new\nbusiness and political relationships" said Mr. Butyniec. "In addition, the\nParis Air Show is an excellent venue to release Magellan's latest industry\nnews."\n\n\nIn recent news Magellan has announced:\n\n- the formation of a 50:50 joint ownership company with QuEST Machining\n & Manufacturing to launch the first independent processing facility in\n India to cater to the needs of the aerospace manufacturing industry;\n\n- the award of the RADARSAT Constellation Mission (RCM) satellite bus\n development contract with MacDonald Dettwiler and Associates Ltd.\n (MDA) of Vancouver;\n\n- the investment of up to $120M Cdn. in its Winnipeg plant to facilitate\n work on the Joint Strike Fighter (JSF) program; and\n\n- major contract awards and deliveries with Airbus, GE Roll-Royce\n Fighter Engine Team, Lockheed Martin, and Boeing.\n\n\nMagellan expects that during the course of the Paris Air Show, additional\nindustry news relating to Magellan will become available, and will be publicly\nreleased at that time.\n\n\nAbout Magellan Aerospace:\n\n\nMagellan Aerospace is one of the world's most integrated aerospace\nindustry suppliers. Magellan designs, engineers, and manufactures aeroengine\nand aerostructure assemblies and components for aerospace markets, advanced\nproducts for military and space markets, and complementary specialty products.\nMagellan is a public company whose shares trade on the Toronto Stock Exchange\n(TSX: MAL.TO), with operating units throughout Canada, the United States, the\nUnited Kingdom and India.\n\n\nForward Looking Statements:\n\n\nThis press release contains information and statements of a\nforward-looking nature and is based on assumptions and uncertainties as well\nas on management's reasonable evaluation of future events. These statements\nare not guarantees of future performance and involve ris...