Stocks in play: Magellan Aerospace Corp
Announced today that it will continue producing F-35 Lightning II horizontal tail assemblies under an agreement with BAE Systems. This significant, multi-year agreement is the continuation of contract awards made to Magellan by BAE Systems and will further Magellan’s participation on the global program. Magellan and BAE Systems have been working together to produce horizontal tails for the global F-35 program for more than a decade. Magellan Aerospace Corp shares T.MAL are trading -$0.17 at $7.35.
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