Business
Magellan Aerospace Corporation and BAE Systems Enter F-35 Partnership
Magellan Aerospace Corporation and BAE Systems Enter F-35 Partnership.
About this update from Magellan Aerospace Corporation
[{"type":"text","content":"\n\n\n\n\nFARNBOROUGH INTERNATIONAL AIR SHOW, UK, July 19 /CNW/ - BAE Systems\nannounced today that it has signed a Letter of Intent (LOI) for the newly\nnamed F-35 Lightning II low-rate initial production of empennage and tooling\nservices with Magellan Aerospace Corporation and other key Canadian,\nAustralian and Danish tooling and airframe suppliers.\nKey representatives signed individual letters of intent during a press\nconference held at the Farnborough International Air Show in Farnborough,\nEngland. Hawker de Havilland signed a separate Letter of Intent in June 2006.\nBAE Systems, a principal partner in the F-35 Lightning II team, is\nresponsible for designing, engineering and manufacturing the aft fuselage and\nempennage (vertical and horizontal tails) for each F-35 aircraft.\n\"BAE Systems is committed to growing international participation in the\nF-35 program by identifying best-value sourcing opportunities in F-35 partner\nnations,\" explains Tom Fillingham, Vice President and Deputy Program Manager.\n\"These Letters of Intent are the culmination of a six-month evaluation process\nthat ultimately found these companies to be the best value suppliers for these\nservices.\"\nTom Burbage, Executive Vice President, Program Integration, Lockheed\nMartin, explains, \"As the F-35 Lightning II team plans ahead to rate\nproduction, we are analyzing the capacity available and investment required\nand determining how much outsourcing is needed. Thanks to the ongoing\ncommitment and support of our partner BAE Systems, international participation\nin the F-35 program continues to grow and we are able to expand our second\nsource supply chain.\"\nFillingham concludes, \"Today, BAE Systems is proud to welcome these\ntooling and airframe companies to the growing supplier network. These\ncompanies bring demonstrated experience, precision machining capabilities, and\na reputation for quality, making them key assets to the BAE Systems supply\nchain.\"\n\"Magellan Aerospace is delighted with this opportunity to join BAE\nSystems on the F-35 program\", said Jim Butyniec, Executive Vice President and\nChief Operating Officer of Magellan Aerospace. \"The advanced automated\nmachining and assembly technologies that have been adopted for the F-35\nprogram will augment a core business capability that is key to the long term\nstrategies of Mag...