Traders looking ahead to the additional fiscal stimulus and other government spending
|Bid||9.42 x 0|
|Ask||9.45 x 0|
|Day's Range||9.28 - 9.70|
|52 Week Range||4.80 - 14.38|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||15.41|
|Earnings Date||Mar. 09, 2021 - Mar. 15, 2021|
|Forward Dividend & Yield||0.42 (4.42%)|
|Ex-Dividend Date||Dec. 16, 2020|
|1y Target Est||9.83|
Raytheon Missiles & Defense ("Raytheon") has awarded Magellan Aerospace Corporation ("Magellan") a contract for the supply of complex missile fin components. These heat-tolerant surface control assemblies will be manufactured at Magellan’s facility in Middletown, Ohio, USA with deliveries in 2020 through 2024. The value of this agreement is approximately $61.4 million.
This article will reflect on the compensation paid to Phil Underwood who has served as CEO of Magellan Aerospace...
Magellan Aerospace Corporation ("Magellan") announced today the delivery of the 200th set of F-35 Lightning II horizontal stabilizer assemblies under an agreement with BAE Systems. Magellan and BAE Systems have been working together to produce horizontal stabilizers for the global F-35 program since 2009. Both companies have since made significant investment in facilities, technologies and training to ensure the successful delivery of these flight-critical assemblies to the F-35 prime contractor Lockheed Martin.