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Magellan awarded CDN$140 million contract extension with Airbus

Magellan Aerospace Corporation (Magellan) have secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts.

It is estimated that revenue generated from this work package will exceed CDN$140 million dollars over the term of the contract. The package consists of a number of large structural, machined components, and will be manufactured by Magellan in the United Kingdom and supplied to the Airbus assembly facility in Nantes, France.

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