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Magellan Aerospace Corporation Commissions New Machining Centre For F-35 Lightning II Manufacturing
Magellan Aerospace Corporation Commissions New Machining Centre For F-35 Lightning II Manufacturing
About this update from Magellan Aerospace Corporation
[{"type":"text","content":"\n\n\n\n Nov. 29, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, Nov. 29 /CNW/ - Magellan Aerospace Corporation announced today\n the commissioning of the first new high-velocity, hard metal machining\n centre to undertake F-35 opportunities of up to $212M Cdn for various\n customers over the initial fifteen years of the program. Magellan\n currently has firm contracts for the multi-year purchase of\n manufacturing packages for components of the F-35 program for\n approximately $26 million. The potential manufacturing packages are\n also multi-year buys for components for the F-35 program for\n increasingly larger quantities as the program ramps up to full scale\n production, which is estimated by Magellan to occur in 2016. The\n components will be manufactured in Chicopee Manufacturing, Magellan's\n Centre of Excellence for high velocity, hard metal machining, in\n Kitchener, Ontario. \n\n\nJoining Magellan for the announcement and a tour of the Chicopee\n facility was Mr. Harold Albrecht, Member of Parliament\n Kitchener-Conestoga, who had the opportunity to observe the new\n machining centre expansion that is underway to undertake these\n significant, long-term work packages.\n\n\n"We value this high technology work", said Mr. Daniel Zanatta, Vice\n President North American Operations.  "From the outset, Magellan\n recognized that the Joint Strike Fighter program was a good strategic\n fit with our core products and further recognized the o...