About Magellan Aerospace
Magellan Aerospace is a publicly listed company based in Mississauga (Canada) founded in 1996 by Phillip Campion Underwood. Aerospace components, assemblies, and specialty materials are designed and manufactured. It operates on a B2B2C and Revenue Share model. The company has 231 employees. Magellan Aerospace has completed 1 acquisition, including Ambel Precision Manufacturing. Its chief executive, as recorded, is Phillip Campion Underwood. Its website magellan.aero draws about 40 thousand monthly visits. Magellan Aerospace offers products and services including Aeroengines, Aerostructures, Wire Strike Protection System (WSPS®), Rockets and Space Systems, and Maintenance, Repair & Overhaul (MRO). Its focus areas include Aerospace, Aerospace Manufacturing and Components and Assemblies. Its legal entity is Magellan Aerospace Corporation.
Company details
Magellan Aerospace is recognized as a global enterprise focused on delivering integrated products and solutions to the aerospace industry. Operations are centered around manufacturing aeroengines, aerostructures, and specialty materials. Services such as maintenance, repair, and overhaul are also provided. The company collaborates with major industry players like Pratt Whitney Canada and GE Aerospace. Facilities are maintained in multiple locations, including Canada and India, to support production and innovation in aerospace technology. Solutions are tailored for both commercial and defense sectors, ensuring comprehensive lifecycle management.
- Headquarters Mississauga, Canada
- Employees 231
- Founders Phillip Campion Underwood
- Stage Public
- SectorsAerospace, Defense & Maritime
- Website category Heavy Industry and Engineering · Aerospace and Defense
- Email••••••••
- Phone•••• ••••
- Website magellan.aero
- Social LinkedIn X
- Legal Name Magellan Aerospace Corporation
- Annual Revenue$759.57 M (USD)10.86as on Dec 31, 2025
- Net Profit$28.81 M (USD)11.14as on Dec 31, 2025
- EBITDA$92.68 M (USD)32.63as on Dec 31, 2025
- Employee Count231
- Investments & Acquisitions
Products & Services of Magellan Aerospace
Magellan Aerospace offers a comprehensive portfolio of products and services, including Aeroengines, Aerostructures, Wire Strike Protection System (WSPS®), Rockets and Space Systems, and Maintenance, Repair & Overhaul (MRO).
Aeroengines are manufactured for various aerospace applications globally.
Aerostructures are produced for major aerospace assembly needs.
WSPS® is designed for helicopter wire strike protection.
Rocket systems are developed for space exploration missions.
MRO services are provided for aerospace component longevity.
People of Magellan Aerospace
136 people are tracked at Magellan Aerospace (27 in leadership, 6 in board & advisors, 103 in team); the tracked headcount is 231.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Jo-Ann Ball | VP, Human Resources | Leadership |
Elena Milantoni | CFO | Leadership |
Phillip C. Underwood | President and CEO | Leadership |
Raza Zaidi | Director Global IT Infrastructure | Leadership |
David Randall | Operations Director | Leadership |
Lyndon Constant | Director SAP Centre Of Excellence | Leadership |
Tabatha Miller | Director Hr, North American Operations | Leadership |
Don Boitson | Vice President North American Operations | Leadership |
Ken Ip | Director Of Mergers & Acquisitions And Strategy | Leadership |
Haydn Martin | VP, Business Development, Marketing and Contracts | Leadership |
Mark Allcock | VP, Information Technology | Leadership |
Ian Roberts | Vice President IT | Leadership |
Ting Yeh | Director, Audit And Financial Process | Leadership |
Richard Doyle | Operations Director, North America | Leadership |
Jonathan Cory | Quality Director, UK | Leadership |
Melissa Hughes | Head Of Product Streams | Leadership |
Matt Hail | Head Of Planning & Scheduling | Leadership |
Katie Davies | HR Business Partner | Leadership |
Cam Lawrence | Director Of Manufacturing | Leadership |
116 more people are available in the full profile.
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IPO & Listings of Magellan Aerospace
Magellan Aerospace is a publicly listed company on the TSX with ticker symbol MAL in Canada, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date17 Mar 1980
- Listed onTSX: MAL
- Listed entityMagellan Aerospace Corporation
- Exchange sectorElectronic technology
- ISINCA5589122004
- Share price31.49 CAD (+0.61% on the day) · 2026-10-13
- Market capitalisation1,797,419,454.00 CAD
- Price to earnings30.2
- EPS (diluted, trailing year)1.04 CAD
- Dividend yield0.64%
- Volume (last session)32,312
Financials of Magellan Aerospace
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.04B CAD | 39.4M CAD | 126.9M CAD |
| 2024 | 942.4M CAD | 35.5M CAD | 95.7M CAD |
| 2023 | 879.6M CAD | 9.2M CAD | 78.3M CAD |
| 2022 | 764.6M CAD | -21.7M CAD | 33.8M CAD |
| 2021 | 688.4M CAD | -977,000 CAD | 55.7M CAD |
Detailed financial statements for Magellan Aerospace
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Investments & Acquisitions by Magellan Aerospace
Magellan Aerospace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ambel Precision Manufacturing.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Jet engine components are manufactured for aerospace sectors. | ambel.net | Bethel, United States | 1968 | Jun 1998 | •••• |
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Timeline of Magellan Aerospace
3 dated milestones of Magellan Aerospace across 18 years, from founding to its latest funding, stage changes and deals.
- IPO Lists on the stock exchange (IPO).
- Founded Magellan Aerospace is founded.
- Acquisition Acquires Ambel Precision Manufacturing.
Web traffic of Magellan Aerospace
The website of Magellan Aerospace (magellan.aero) receives about 39.9K visits a month and ranks #629,158 among all websites worldwide, #9,455 in Aerospace and Defense.
- Monthly visits39.9K
▼ 6.6% vs previous month
- Unique visitors18.3K
per month
- Global rank#629,158
among all websites
- Category rank#9,455
Heavy Industry and Engineering · Aerospace and Defense
- Bounce rate41%
- Pages per visit3.1
- Average visit1 min 35 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Magellan Aerospace. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| herouxdevtek.com | 100% | 21.6K | #1,414,328 | View details | |
| standardaero.com | 91% | 41K | #713,765 | View details | |
| gardner-aerospace.com | 91% | 11.6K | #1,830,191 | View details | |
| mainiprecisionproducts.com | 90% | View details | |||
| unimechaerospace.com | 83% | 9.3K | #1,949,905 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Magellan Aerospace
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Related news about Magellan Aerospace
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Frequently Asked Questions about Magellan Aerospace
Magellan Aerospace was founded in 1996.
Magellan Aerospace is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Phillip Campion Underwood is the CEO of Magellan Aerospace, as recorded in our data. They have also founded this company.
Magellan Aerospace has 231 employees.
Annual revenue of Magellan Aerospace is $759.57M as on Dec 31, 2025.
Magellan Aerospace is recognized as a global enterprise focused on delivering integrated products and solutions to the aerospace industry. Operations are centered around manufacturing aeroengines, aerostructures, and specialty materials. Services such as maintenance, repair, and overhaul are also provided. The company collaborates with major industry players like Pratt Whitney Canada and GE Aerospace. Facilities are maintained in multiple locations, including Canada and India, to support production and innovation in aerospace technology. Solutions are tailored for both commercial and defense sectors, ensuring comprehensive lifecycle management.
Magellan Aerospace offers Aeroengines, Aerostructures, Wire Strike Protection System (WSPS®), Rockets and Space Systems, and Maintenance, Repair & Overhaul (MRO).
Yes, Magellan Aerospace is publicly traded on TSX under the ticker symbol MAL.
Magellan Aerospace has made 1 acquisition, including Ambel Precision Manufacturing.
Magellan Aerospace operates through Magellan Aerospace Corporation.