Magellan Aerospace Secures a Contract Extension with GKN Aerospace
- Contract Extension to Supply Aluminium and Titanium Structural Components
Jim Butyniec, President and CEO of Magellan Aerospace Corporation, said, "This contract extension demonstrates our commitment to developing strategic long term partnerships with our major customers and their confidence in our ability to provide globally competitive products and services."
Analysis of the Global Business Aircraft Market
"The extension of this contract shows our commitment to work with major suppliers to develop a globally competitive supply chain. GKN will continue to work with Magellan and our other major suppliers helping them to apply advanced lean processes and technologies providing us with a quality, cost effective supply chain," commented Rob Soen, Senior Vice President, Supply Chain Management of GKN Aerospace Services Ltd.
To support this program Magellan will make further investments in high speed 5-axis machining technology. These future investments demonstrate Magellan Aerospace's commitment to world class manufacturing facilities focussed on core competencies.
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Source : Magellan Aerospace