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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing

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To: panda-man who wrote (630)9/15/2000 3:59:20 PM
From: worldtraveller  Read Replies (2) of 633
 
New F/A-18 Contracts Awarded to Magellan Aerospace


TORONTO, Sept. 15 /CNW/ - Magellan Aerospace Corporation announced today
two contracts totaling $13.8 million (Cdn) in firm defence work from Northrop
Grumman Integrated Systems and Aerostructures Sector, El Segundo, California.
The first contract award is for the production of key structural
components for the F/A-18C/D center barrel retrofit program. The components
are large aluminum bulkheads and assemblies, and will be produced during 2000
and 2001. The work will be performed in Magellan's Ellanef facilities located
in Bohemia and Corona, New York.
The second contract award is the exercise of an option for full rate
production of structural components for the F/A-18E/F Super Hornet strike
fighter, with delivery in 2001. The option includes a combination of titanium
bulkheads, spindles, engine mounts, and formers. Ellanef will also perform
this work.
The Super Hornet is the newest addition to the combat-proven family of
F/A-18 Hornets. An industry team led by Boeing builds the F/A-18's. Northrop
Grumman is the principal airframe subcontractor, supplying the center and aft
fuselage and associated subsystems. F/A-18's are operational with the U.S.
Navy, U.S. Marine Corps and the air forces of Canada, Australia, Spain,
Kuwait, Finland, Switzerland, and Malaysia.
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