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Industry Center - Aerospace/Defense Products & Services
Industry Center > Aerospace/Defense Products & Services > Magellan Aerospace Corporation Company Profile
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Magellan Aerospace Corporation Company Profile
Magellan Aerospace explores the frontiers of the commercial and defense aerospace markets. The company makes airplane and aerospace components and systems through subsidiaries based in Canada and the US. A short list of Magellan's products includes high-altitude research rockets; solid rocket fuel propellant motors; and precision components for jet aircraft, the space shuttle, and missiles. The company also performs repair and overhaul services for commercial and military aircraft. Major customers have included Boeing (nearly 15% of sales), Airbus, Lockheed Martin, the US and Canadian air forces, and NASA. Commercial customers account for about two-thirds of sales.
Contact Information
Address: 3160 Derry Rd. East
Mississauga, Ontario L4T 1A9, Canada
Phone:905-677-1889
Fax:905-677-5658
Financial Highlights
Fiscal Year End:December
Revenue (2008):561.40 M
Revenue Growth (1 yr):(-7.80%)
Employees (2008):3,600
Employee Growth (1 yr):5.90%
Key People
Chairman: N. Murray Edwards
President and CEO: James S. Butyniec
VP Finance and Corporate Secretary: John B. Dekker
Industry Information
Sector: Industrial Goods
Industry: Aerospace/Defense Products & Services
Top Competitors
Lockheed Martin Corporation (lmt)
Northrop Grumman Corporation (noc)
Raytheon Company (rtn)
 


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