Magellan Aerospace Corporation · Mississauga, ON Canada ·(Toronto: MAL)

Magellan Aerospace explores the frontiers of the commercial and defense aerospace markets. The company makes airplane and aerospace components and systems through subsidiaries based in Canada and the US. A short list of Magellan's products includes high-altitude research rockets; solid rocket fuel propellant motors; and precision components for jet aircraft, the space shuttle, and missiles. The company also performs repair and overhaul services for commercial and military aircraft. Major customers have included Boeing (nearly 15% of sales), Airbus, Lockheed Martin, the US and Canadian air forces, and NASA. Commercial customers account for about two-thirds of sales. To read the full description, subscribe now.