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Magellan Aerospace Corp T.MAL

Alternate Symbol(s):  MALJF

Magellan Aerospace Corporation is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies worldwide. The Company designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced proprietary products for military and space markets, and provides engine and component repair and overhaul services worldwide. The Company operates the through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. Its products include Engine Cold Section, Engine Hot Section, Engine Shafts, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, and Manufactured Components and Assemblies, among others. The Company provides supply chain integration by combining core capabilities with global supply chain expertise.


TSX:MAL - Post by User

Post by northcoaston Mar 11, 2021 4:11pm
254 Views
Post# 32778321

This stock has the green light to $15

This stock has the green light to $15When I bought MAL last month near $10, I saw that it wouldn't be difficult for it to get back to $15/share. Now I just see compounded good news ahead. I also took a good look at it's dividend increase table. This could become a dividend aristocrat and a solid doubler over the near-medium term. I like who Magellan does business with. Low debt. Nice prospects.
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