Magellan Aerospace Corp T.MAL

Alternate Symbol(s): MALJF

Industrials Aerospace & Defense

Magellan Aerospace Corporation is a Canada-based global enterprise company, which is engaged in providing integrated products to the aerospace industry worldwide. The Company designs, engineers and manufactures aeroengine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. The Company operates through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. The Company’s products include Engine Cold Section, Engine Hot Section, Engine Shafts, Specialty Materials, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, Avionics, Manufactured Components and Assemblies and Wire Strike Protection System (WSPS). The Company also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services.

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Magellan Aerospace Corp > Purchase for cancellation

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Comment by faraway1on May 30, 2022 1:30pm

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Post# 34717395

RE: Purchase for cancellation

This is generally a formality put in place so as to be able to respond to unforseen circumstances. There is no oblication for MAL to actually act on the buy back.

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