Magellan Aerospace (TSE:MAL) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Magellan Aerospace has announced the signing of pivotal long-term supply agreements with Pratt & Whitney, ensuring the production of complex castings for various engine programs at its facilities in Haley, Ontario, and Glendale, Arizona. These contracts signify a continued partnership since the 1960s, reinforcing Magellan’s global position in the aerospace industry for both civil and defense sectors.
For further insights into TSE:MAL stock, check out TipRanks’ Stock Analysis page.
