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MAL - Magellan Aerospace News Story

C$10.7 -0.0  -0.2%

Last Trade - 25/10/21

Sector
Industrials
Size
Mid Cap
Market Cap £366.3m
Enterprise Value £384.8m
Revenue £403.1m
Position in Universe 394th / 2701

BRIEF-Magellan Aerospace To Provide Black Brant Sounding Rockets To The German Aerospace Center

Thu 16th April, 2020 11:06pm
April 16 (Reuters) - Magellan Aerospace Corp  MAL.TO :
    * MAGELLAN AEROSPACE TO PROVIDE BLACK BRANT SOUNDING ROCKETS
TO
THE GERMAN AEROSPACE CENTER
    * MAGELLAN AEROSPACE - BLACK BRANT SOUNDING ROCKET MOTORS TO
GERMAN AEROSPACE CENTER ESTIMATED TO GENERATE REVENUE OF UP TO
$9.4 MILLION OVER TERM OF AGREEMENT
    * MAGELLAN AEROSPACE - UNDER TERMS OF AGREEMENT, DLR WILL
PURCHASE
BLACK BRANT ROCKET MOTORS OVER 3-YEAR PERIOD

Source text for Eikon:  ID:nBwkz7n6a 
Further company coverage:  MAL.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
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