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Magellan Aerospace Corporation (MAL.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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6.75-0.22 (-3.16%)
At close: 03:59PM EDT

Magellan Aerospace Corporation

3160 Derry Road East
Mississauga, ON L4T 1A9
Canada

https://www.magellan.aero

Sector(s)Industrials
IndustryAerospace & Defense
Full Time Employees3,400

Key Executives

NameTitlePayExercisedYear Born
Mr. Norman Murray Edwards O.C.Exec. ChairmanN/AN/A1960
Mr. Phillip Campion UnderwoodPres, CEO & Director662.66kN/AN/A
Ms. Elena M. Milantoni CA, CPACFO & Corp. Sec.285.15kN/AN/A
Mr. Haydn R. MartinVP of Bus. Devel., Marketing & Contracts342.23kN/AN/A
Ms. Jo-Ann C. BallVP of HR231.83kN/AN/A
Amounts are as of December 31, 2021 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 CAD.

Description

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. It offers aero engine products, such as engine frames, cases, bypass ducts, engine shafts, engine processes, engine materials, metallic honeycomb, filament winding, compressor components, turbine components, and afterburner components, as well as small and large wing components, landing gear, horizontal and vertical stabilizers, and nacelle exhaust systems. The company also provides crown modules, vane box and transition ducts, wing spars, wing ribs, wing skins, access covers, and kitting solutions; black brant, rato booster motors, as well as rocket weapon system comprises of fixed wing variant, and rotary wing platforms. In addition, the company offers avionics, machined metal seals, rocket engine mount, and cast products, as well as newspace, and satellite support services. Further, the company provides 3D sand printing, metal pouring, solidification modeling, automated pouring and finishing, digital radiography, and 3D scanning products. Additionally, the company offers maintenance, repair, and overhaul for various engine and components, as well as lifecycle management services to logistics, fleet management, and engineering services. Furthermore, it provides wire strike protection system services. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada.

Corporate Governance

Magellan Aerospace Corporation’s ISS Governance QualityScore as of July 1, 2022 is 8. The pillar scores are Audit: 3; Board: 7; Shareholder Rights: 10; Compensation: 4.

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.