Canadian aerospace company Magellan, secures six-year contract extension with Airbus
The work consists of a number of large structural, machined components for Airbus' assembly facility in Nantes, France.
Mississauga-based Magellan Aerospace Corporation announced today, that they’ve secured a six-year contract extension with Airbus for the manufacture of A350 XWB centre wing box and keel beam detail parts.
It is estimated that revenue generated from the contract will exceed CDN $140 million over the six years. The work consists of a number of large structural, machined components, manufactured by Magellan in the United Kingdom and supplied to the Airbus assembly facility in Nantes, France.
“This contract extension has been achieved through a combination of demonstrated operational excellence and market competitive pricing,” says Haydn Martin, Magellan’s Vice President, New Business Development. As a strategic partner to the Airbus Group, Magellan continues to align our technology investments and manufacturing best practices to meet their current and future requirements.
Additionally, in late September, Multi-Layered Insulation (MLI) blankets were installed on the final satellite bus, marking the completion of an ongoing contractual milestone with MDA, a Maxar Technologies company. These thermal blankets for the spacecraft prevent it from freezing while in space. After which, In October, Magellan completed completion of all hardware deliveries to MDA, for the RADARSAT Constellation Mission (RCM) being built for the Canadian Space Agency.
Over the course of the RCM program, Magellan delivered three satellite buses, three payload module structures, as well as associated software, ground support equipment, and launch vehicle adaptors to MDA.
The three satellites will be deployed on a single launch that is scheduled for the week of February 18, 2019.