Boeing Commercial Airplanes division has extended its component supply contract with Canada-based supplier Magellan Aerospace.
Under this long-term contract, Magellan will continue to supply landing gear kits and structural components for Boeing platforms such as the 737, 767, and 777.
The contract extension also shows that Magellan meets Boeing Commercial Airplanes’ cost, quality and performance requirements.
Magellan business development, marketing and contract vice-president Haydn Martin said: “Securing this major business extension for key Boeing platforms is foundational for our New York and Kitchener facilities as the aerospace industry works to recover from the impact of the global pandemic.
“The confidence that Boeing has placed in Magellan is significant and demonstrates our ability to offer our customers comprehensive and reliable solutions.”
For Boeing, the company is using a vertical integration strategy that leverages global resources in Ontario, New York City, and India.
It has also made significant investments across all its facilities regarding manufacturing technology and the workforce to enhance its competitiveness worldwide.
Magellan will deliver these kits and hardware from its facilities in Kitchener, Ontario and New York City, New York. The company will also produce an extra supply of kits to reduce production risk.
Deliveries will be made directly to Boeing’s assembly facilities in Renton and Everett, Washington, US.
Last month, Magellan signed a five-year renewal agreement with Avio Aero to supply magnesium and aluminium castings.