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TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the second quarter of 2026. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows:   Three month period ended June 30 Six month period ended June 30 Expressed in thousands of Canadian dollars, except per share amounts 2026 2025 Change…

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per share on the Corporation's common shares. The Board of Directors of the Corporation continues to review its dividends on a quarterly basis for more visibility of recovery, and ensure that the dividend declared balances the…

Magellan Aerospace remains a Strong Buy, with 24% upside to a $31.39 price target justified by robust commercial and defense tailwinds. MAL benefits from rising aircraft production rates, elevated defense spending, proprietary manufacturing, and exposure to key programs like the Boeing 737 MAX and F-35. Recent Q1 results showed 9.3% revenue growth, 20.4% gross profit growth, and margin expansion to 13%, driven by…

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to make a normal course issuer bid (“NCIB”) through facilities of the Toronto Stock Exchange (the “TSX”) and other alternative Canadian trading systems. The notice provides that Magellan may, during the 12 month period…