{"id":397116,"date":"2020-12-10T07:03:12","date_gmt":"2020-12-10T12:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397116"},"modified":"2020-12-10T07:03:12","modified_gmt":"2020-12-10T12:03:12","slug":"magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/","title":{"rendered":"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Magellan Aerospace Delivers 200<sup>th<\/sup> Horizontal Stabilizer Shipset for Global F-35 Aircraft Program<\/b><\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMagellan Aerospace Corporation (\u201cMagellan\u201d) announced today the delivery of the 200<sup>th<\/sup> 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.\n<\/p>\n<p>\n\u201cAchieving this significant delivery milestone in today\u2019s unprecedented and challenging business environment speaks to the reliability of our processes and the resiliency of the Magellan team,\u201d said Mr. Phillip Underwood, Magellan\u2019s President and CEO. \u201cMagellan has been steadily increasing its annual deliveries for the global F-35 program since the first horizontal stabilizer shipset delivery in 2012 and is currently operating at full production rate.\u201d\n<\/p>\n<p>\nTom Fillingham, Senior Vice President, US Programmes, BAE Systems Air said, \u201cAt BAE Systems, we\u2019re proud to collaborate with Magellan and international suppliers to fulfil our role on such a critical programme which global air forces depend on. Magellan\u2019s delivery of its 200<sup>th<\/sup> set of F-35 horizontal stabilizer assemblies is a significant milestone and is testament to the dedication and teamwork from all involved.\u201d\n<\/p>\n<p>\nThe horizontal stabilizers produced at Magellan are major assemblies on the Conventional Takeoff and Landing (CTOL) variant of the F-35. Magellan is targeting to produce more than 1,000 ship sets of horizontal tail assemblies over the life of the F-35 program along with various other metallic and composite components for the program.\n<\/p>\n<p><b>About Magellan Aerospace Corporation<\/b><\/p>\n<p>\nMagellan 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.\n<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nSome 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 \u201cexpect\u201d, \u201canticipate\u201d, \u201cestimate\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201cintend\u201d, \u201cbelieve\u201d, 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\u2019s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the \u201cRisk Factors\u201d section of the Corporation\u2019s Annual Information Form (copies of which filings may be obtained at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedar.com&amp;esheet=52345714&amp;newsitemid=20201210005066&amp;lan=en-US&amp;anchor=www.sedar.com&amp;index=1&amp;md5=4bcfe86b44b237037152e4bdab638c3c\">www.sedar.com<\/a>). These factors should be considered carefully, and readers should not place undue reliance on the Corporation\u2019s 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.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210005066r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201210005066\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201210005066\/en\/<\/a><\/span><\/p>\n<p>\nLaura Podaima<br \/>\n<br \/>Director, Corporate Communications<br \/>\n<br \/>Magellan Aerospace<br \/>\n<br \/>Ph. +1 204 228 3719\n<\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Engineering Defense Air Aerospace Transport Manufacturing Contracts<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program TORONTO&#8211;(BUSINESS WIRE)&#8211; Magellan Aerospace Corporation (\u201cMagellan\u201d) 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. \u201cAchieving this significant delivery milestone in today\u2019s unprecedented and challenging business environment speaks to the reliability of our processes and the resiliency of the Magellan team,\u201d said Mr. Phillip Underwood, Magellan\u2019s President and CEO. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397116","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program TORONTO&#8211;(BUSINESS WIRE)&#8211; Magellan Aerospace Corporation (\u201cMagellan\u201d) 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. \u201cAchieving this significant delivery milestone in today\u2019s unprecedented and challenging business environment speaks to the reliability of our processes and the resiliency of the Magellan team,\u201d said Mr. Phillip Underwood, Magellan\u2019s President and CEO. &hellip; Continue reading &quot;Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T12:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210005066r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program\",\"datePublished\":\"2020-12-10T12:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\\\/\"},\"wordCount\":593,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201210005066r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\\\/\",\"name\":\"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program - 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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. \u201cAchieving this significant delivery milestone in today\u2019s unprecedented and challenging business environment speaks to the reliability of our processes and the resiliency of the Magellan team,\u201d said Mr. Phillip Underwood, Magellan\u2019s President and CEO. &hellip; Continue reading \"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-10T12:03:12+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210005066r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program","datePublished":"2020-12-10T12:03:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/"},"wordCount":593,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210005066r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/magellan-aerospace-delivers-200th-horizontal-stabilizer-shipset-for-global-f-35-aircraft-program\/","name":"Magellan Aerospace Delivers 200th Horizontal Stabilizer Shipset for Global F-35 Aircraft Program - 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