Back to news

February 19, 2019 | International, Aerospace

Magellan Aerospace Opens New Manufacturing and Assembly Plant in India

BANGALORE, India, Feb. 19, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced today, the opening of the company's manufacturing and assembly facility in India. The new 100,000 square foot Magellan Aerospace (India) Pvt. Ltd. facility, constructed on seven acres in Hitech Defence and Aerospace Park (Aerospace SEZ Sector) in Devanahalli, near the Bangalore International Airport, was completed at the end of 2018 and the process of installing and commissioning the high speed machining centres is underway.

Magellan's new cellular machining and assembly plant will specialize in high speed milling and turning of aerostructure and aeroengine components produced from both aluminium and hard metal materials. Combined with comprehensive processing and hard metal machining capabilities from Magellan's two longstanding joint ventures in India, API Surface Treatments and Triveni Aeronautics Pvt. Ltd., Magellan is one of the largest suppliers of 'Make in India' manufactured commercial aircraft components today.

Magellan established a presence in India's aerospace sector more than a decade ago and has continued to invest and grow their footprint. The plant will create up to 120 high technology and support positions, and will be equipped with a comprehensive range of high speed 4/5-axis machining centres, selected to optimise manufacturing, competitiveness and efficiency. The completion of Magellan Aerospace (India) in 2018 marked the close of phase one of a two-phase construction plan that will see the facility grow to 140,000 square feet in the future.

Mr. Haydn Martin, Vice President, Business Development, Marketing and Contracts, Magellan Aerospace said, "Magellan is excited to officially launch this important new venture in India at the Aero India 2019 show". "This new facility, coupled with Magellan's extensive machining operations in Europeand North America offer an exceptional and full range of solutions for our customers in meeting their operational and value requirements."

About Magellan Aerospace Corporation

Magellan Aerospace Corporation is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. Magellan designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced proprietary products for military and space markets, and provides engine and component repair and overhaul services worldwide. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout North America, Europe, and India.

Forward Looking Statements

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend", "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by the Corporation in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Corporation believes are appropriate in the circumstances. Many factors could cause the Corporation's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of the Corporation's Annual Information Form (copies of which filings may be obtained at www.sedar.com). These factors should be considered carefully, and readers should not place undue reliance on the Corporation's forward-looking statements. The Corporation has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Magellan Aerospace Corporation

https://www.newswire.ca/news-releases/magellan-aerospace-opens-new-manufacturing-and-assembly-plant-in-india-898048682.html

On the same subject

  • COTECMAR and Damen signed a contract for the co-development of the Contractual Design for PES

    September 30, 2022 | International, Naval

    COTECMAR and Damen signed a contract for the co-development of the Contractual Design for PES

    The design for the program Plataforma Estratégica de Superficie (‘PES’) is based on the proven design of the SIGMA 10514

  • Malaysia to launch competition for drones and manned maritime patrol aircraft

    August 26, 2020 | International, Aerospace

    Malaysia to launch competition for drones and manned maritime patrol aircraft

    By: Mike Yeo MELBOURNE, Australia — Malaysia is moving ahead with its plans to acquire much-needed manned and unmanned aircraft to enhance maritime security, with the Southeast Asian country announcing that it will be issuing separate tenders for each type. The Aug. 25 announcement comes in the wake of its coast guard killing a Vietnamese fisherman following a confrontation off the Malaysian coast. And both countries along with China were recently involved in a three-way standoff over oil exploration in a part of the South China Sea claimed by all three nations. According to the tender announcement, Malaysia is seeking two maritime patrol aircraft and three medium-altitude, long-endurance unmanned aerial systems. The announcement was sent to “selected embassies” and published in two of Malaysia's national newspapers as well as the government's online tender portal. The government said the full tender documents will be available Sept. 3 and that interested parties must submit bids no later than Nov. 26. This announcement confirms earlier reports that Malaysia will split its requirement for maritime patrol aircraft and maritime UAS into two tranches, with this first tranche coming under the country's 2021-2025 five-year spending plan. Under its Capability 55 plan, the Royal Malaysian Air Force has an eventual requirement for four maritime patrol aircraft and six UAS to improve maritime domain awareness. Potential manned aircraft in the running include Leonardo's ATR 72MP, Airbus' C-295, PTDI's CN-235, Boeing's P-8A Poseidon and Kawasaki Heavy Industries' P-1. However, it's unlikely P-8A or P-1 will be chosen due to their respective costs. The drone requirement is likely to attract interest from General Atomics with its MQ-9 Reaper; Aviation Industry Corporation of China with its Wing Loong family of systems; Leonardo with the Falco; and Turkish Aerospace Industries' Anka series. Malaysia is one of six claimants to the Spratly Islands in the South China Sea, and it has faced other maritime issues such as piracy and smuggling. Despite its desire to bolster its maritime patrol fleet, Malaysia's fiscal troubles and political uncertainty has stymied efforts to acquire new aircraft. The country has undergone two changes in government since then-Defence Minister Hishammuddin Hussein gave the go-ahead to acquire a new maritime patrol aircraft type in September 2017. The program has since languished like much of Malaysia's other defense procurement programs. The Royal Malaysian Air Force currently operates three Beechcraft B200T King Airs in a maritime surveillance role, while the U.S. government has started deliveries of six Insitu ScanEagle drones to the Royal Malaysian Navy, donated using funding from the U.S. Maritime Security Initiative. The American program aims to improve maritime domain awareness capabilities of partner countries in the Asia-Pacific region. Malaysia also previously announced it will convert two of its fleet of seven Indonesian-built CN-235 transport aircraft into maritime patrol platforms using funds from the Maritime Security Initiative. https://www.defensenews.com/global/asia-pacific/2020/08/25/malaysia-to-launch-competition-for-drones-and-manned-maritime-patrol-aircraft/

  • SASC Bill Adds Advanced Procurement To Navy’s Shipbuilding Funds

    May 31, 2019 | International, Naval

    SASC Bill Adds Advanced Procurement To Navy’s Shipbuilding Funds

    The Senate Armed Services Committee's (SASC) draft FY 2020 defense authorization bill would authorize a moderate amount of funds over the Navy's shipbuilding request for additional advanced procurement funds. According to the bill summary, the committee... https://www.defensedaily.com/sasc-bill-adds-advanced-procurement-navys-shipbuilding-funds/navy-usmc/

All news