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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing -- Ignore unavailable to you. Want to Upgrade?


To: ted who wrote (460)1/6/1999 8:56:00 AM
From: Ian A.  Read Replies (1) | Respond to of 633
 
NP says Magellan wins contract

Magellan Aerospace Corp MAL
Shares issued 2,821,000 Jan 5 close $8.15
Wed 6 Jan 99 In the News
The National Post reports in its Wednesday, Jan. 6, edition that Magellan
Aerospace's engine division has won a contract potentially worth
$45-million (U.S.) from Turkish Aerospace Industries. The National Post's
Aerospace Briefing column says the contract calls for Magellan's Orenda
Recip Inc. to supply up to 300 V-8 power plant kits, which will be made at
its factory in Derbert, N.S. The engines will power a new type of
single-engine plane for firefighting and agricultural uses. First
deliveries are slated for the summer.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com