TORONTO, Oct. 15, 2018 /CNW/ - Magellan Aerospace
("Magellan") and Aeromet International Ltd, ("Aeromet") announced
today that Magellan's Haley, Ontario site has joined a global network of
foundries licensed to manufacture cast parts using the advanced
A20X™ aluminium alloy. Developed and patented by Aeromet in the UK,
A20X™ is the world's strongest aluminium casting alloy and is used
in aerospace, defence, and space applications by major OEMs.
Mike Bond, Director of A20X™ at
Aeromet, commented, "We are very pleased to welcome Magellan
Aerospace to the global A20X™ supply chain. Demand for A20X™
castings is growing significantly as aerospace and defence
customers seek to unlock the weight and cost reduction potential
offered by the high strength alloy – the global supply chain is key
to supporting customers around the world".
Haydn Martin, Magellan's Vice
President, Business Development, Marketing and Contracts, said
"Magellan is delighted to join the global network of A20X™
foundries and to be able to offer the unique benefits of A20X™
castings to its customers. The constant challenge for aerospace
engineers is to find an optimum balance between strength and weight
when designing a component. The higher strength
characteristics of this alloy open up new opportunities for
engineers to utilize the advantages of cast components in critical
aerospace applications where, traditionally, light alloy castings
have not been able to meet the requirements."
The unique solidification mechanism and microstructure of the
A20X™ aluminium alloy produces investment and sand cast parts with
class leading mechanical properties and enhanced thermal
performance. A20X™ is fully approved for aerospace with MMPDS and
AMS classifications and are typically used in high strength, high
temperature applications. For more information, visit
www.a20x.com/casting.
About Aeromet
Founded in 1982, Aeromet International is a leading supplier of
investment and sand cast products in aluminium and magnesium to the
global Aerospace and Defence industries. It provides major OEMs
including Airbus, Boeing, BAE Systems, Embraer and Rolls-Royce with
engine, fuel system and structural airframe components.
Aeromet is a technology-led business which specialises in the
development of unique and innovative solutions for complex parts.
The company has developed and patented A20X™, the world's strongest
commercially available aluminium casting alloy.
Aeromet employs 310 people at three sites in Sittingbourne,
Rochester and its head office in
Worcester. The 2018 acquisition of Stone Foundries adds operations
in Charlton.
For more information about Aeromet, please visit:
www.aeromet.co.uk
For more information about A20X™, please visit: www.a20x.com
About Magellan Aerospace
Magellan Aerospace is a global aerospace company that provides
complex assemblies and systems solutions to aircraft and engine
manufacturers, and defense and space agencies worldwide. Magellan
designs and manufactures aeroengine and aerostructure assemblies
and components for aerospace markets, advanced proprietary products
for military and space markets, and provides engine and component
repair and overhaul services worldwide. Magellan is a public
company whose shares trade on the Toronto Stock Exchange (TSX:
MAL), with operating units throughout North America, Europe, and India.
Forward Looking Statements
Some of the statements in this press release may be
forward-looking statements or statements of future expectations
based on currently available information. When used herein, words
such as "expect", "anticipate", "estimate", "may", "will",
"should", "intend", "believe", and similar expressions, are
intended to identify forward-looking statements. Forward-looking
statements are based on estimates and assumptions made by the
Corporation in light of its experience and its perception of
historical trends, current conditions and expected future
developments, as well as other factors that the Corporation
believes are appropriate in the circumstances. Many factors could
cause the Corporation's actual results, performance or achievements
to differ materially from those expressed or implied by the
forward-looking statements, including those described in the "Risk
Factors" section of the Corporation's Annual Information Form
(copies of which filings may be obtained at www.sedar.com). These
factors should be considered carefully, and readers should not
place undue reliance on the Corporation's forward-looking
statements. The Corporation has no intention and undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
SOURCE Magellan Aerospace Corporation
