Magellan signs $425 mln contract with Rolls-Royce
As per the agreement, the aerospace companies will be involved in the manufacturing of the mainline shafts and stub shafts for various Rolls-Royce engine programmes.
Caption: Rolls-Royce's Trent engine. A File Photo.
TORONTO (BNS): Magellan Aerospace Corporation has signed a $425 million contract with Rolls-Royce Plc and Rolls-Royce Deutschland Ltd & Co KG to manufacture of mainline shafts and stub shafts for various Rolls-Royce engine programmes.
"Magellan has a longstanding business relationship with Rolls-Royce, and is pleased to enter this agreement and further expand the relationship," stated Jim Butyniec, President and CEO of Magellan Aerospace Corporation, according to the Magellan Aerospace Corporation news report.
The company will utilise its existing equipment for initial production, and will also expand its manufacturing footprint at the Haverhill facility to accommodate the new equipment and processes required to support full-scale production for the programme.
The work will be performed on these flight safety critical rotating parts at Magellan's Middleton Aerospace facility in Haverhill, Massachusetts.
The first Magellan deliveries are expected to be made in the second half of 2010.
"Magellan has a longstanding business relationship with Rolls-Royce, and is pleased to enter this agreement and further expand the relationship," stated Jim Butyniec, President and CEO of Magellan Aerospace Corporation, according to the Magellan Aerospace Corporation news report.
The company will utilise its existing equipment for initial production, and will also expand its manufacturing footprint at the Haverhill facility to accommodate the new equipment and processes required to support full-scale production for the programme.
The work will be performed on these flight safety critical rotating parts at Magellan's Middleton Aerospace facility in Haverhill, Massachusetts.
The first Magellan deliveries are expected to be made in the second half of 2010.
