Magellan Aerospace in Supply Deal With Boeing for Parts for 767 Program
May 30 2023 - 08:12AM
Dow Jones News
By Robb M. Stewart
Magellan Aerospace signed a contract extension with Boeing to
manufacture nacelle exhaust systems for the aircraft company's 767
program.
The aerospace company said the deal will see it supply acoustic
plug and nozzle exhaust assemblies produced at its factory in Ohio
for 767 jets.
Magellan's shares last closed at C$7.58 on the Toronto Stock
Exchange, down 24% so far this year.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
May 30, 2023 07:57 ET (11:57 GMT)
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