MALJF - Magellan Aerospace Corporation

Other OTC - Other OTC Delayed Price. Currency in USD

Magellan Aerospace Corporation

3160 Derry Road East
MiSiSauga, ON L4T 1A9
Canada
905-677-1889
http://www.magellan.aero

SectorIndustrials
IndustryAerospace & Defense
Full Time Employees3,800

Key Executives

NameTitlePayExercisedYear Born
Mr. Norman Murray Edwards O.C.Exec. ChairmanN/AN/A1960
Mr. Phillip Campion UnderwoodPres, CEO & DirectorN/AN/AN/A
Ms. Elena M. MilantoniChief Financial OfficerN/AN/AN/A
Mr. Hyden R. MartinVP of Bus. Devel., Marketing & ContractsN/AN/AN/A
Ms. Jo-Ann C. BallVP of HRN/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, and manufactures aero engine, and aero structure assemblies and components for aerospace markets in Canada, the United States, Europe, and Asia. The company offers aero engines products, including engine frames, compressor and fan cases, turbine cases, shafts, rotor spools, discs and blisks, and gearbox housings; and combustion liners and cases, exhaust frames and systems, engine bypass ducts and frames, acoustically treated exhaust systems, and fan cowl doors, as well as repair and overhaul services. It also provides aero structures components, such as landing gear systems, wing ribs and spars, bulkheads and fuselage components, tailcone assemblies, and composite wing and fairing structures. In addition, the company offers space, satellites, SCISAT, and satellite subsystems; sand cast components comprising engine mounted gearbox housings, power transmission housings, APU housings, engine inlets and intermediate cases, and front frames and fan cases; and wire strike protection systems for helicopter safety. Further, it provides power generation equipment and services, and gas turbines, as well as generates energy from waste; and rocket weapon systems, brant rockets, booster motors, and missile fins and control systems, as well as other support materials. Additionally, the company is involved in the precision machining and assembly of commercial aerospace products, as well as provision of metal finishing treatment services for aerospace products; supply and overhaul of aircraft and helicopter engines and airborne ancillary power units; and provision of aircraft engineering and design consultancy, including engine sales, exchange, and leasing services. Magellan Aerospace Corporation was founded in 1994 and is headquartered in Mississauga, Canada.

Corporate Governance

Magellan Aerospace Corporation’s ISS Governance QualityScore as of July 29, 2019 is 9. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.