Magellan signs $250M castings deal with P&WC
The 10-year agreement will provide revenue for the aerospace components manufacturer through 2023.
TORONTO — Magellan Aerospace has signed a 10-year agreement with Pratt & Whitney Canada, a United Technologies Company, for the supply of complex magnesium and aluminum castings.
Most of the castings will be produced for the by Magellan’s Haley, Ont. division, but several will come from Magellan’s Glendale, Ariz. plant.
Magellan, a manufacturer of aerospace engine and structure assemblies and components, said the $250-million agreement with the Montreal-based aerospace engine maker will provide revenue through 2023.
In addition to the legacy casting programs for Pratt & Whitney’s current engine platforms, the agreement includes the production of castings for the PurePower engine family, which encompasses the Airbus A320neo, Mitsubishi Regional Jet, and Bombardier CSeries programs.
“Magellan has invested and will continue to invest in innovative new technologies such as robotics and 3D sand printing to meet its commitment to achieve the highest standard of product and performance,” said Phillip Underwood, Magellan’s president and CEO.
Magellan, based in Mississauga, Ont., develops and produces aerospace components using the sand cast process. Castings are also used on civil and defence, fixed-wing and rotorcraft programs across the globe.
The company also makes advanced products for military and space markets, industrial power generation, and specialty products.