GE Aerospace and Magellan Aerospace Sign Memorandum of Understanding for F414 Sustainment
FARNBOROUGH AIR SHOW – GE Aerospace (NYSE:GE) and Magellan Aerospace Corporation signed a strategic Memorandum of Understanding (MOU) to establish maintenance, repair, and overhaul (MRO) capabilities in Canada for the F414-GE-39E engine that powers the Saab JAS 39 Gripen E fighter. The MOU is predicated on whether the Government of Canada proceeds with the acquisition of the Saab JAS 39 Gripen E fighter as part of the future Royal Canadian Air Force fighter fleet.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260722242282/en/ (Left to right) Haydn Martin, Vice President, Business Development, Marketing, and Contracts, Magellan Aerospace, and Paul Ferraro, Vice President & General Manager, Defense Engines & Services, GE Aerospace, sign agreement at Farnborough Air Show.
“Today’s MOU signing builds on a six-decade relationship between GE Aerospace and Magellan that spans both military and commercial engines and will ensure the Royal Canadian Air Force has access to engine sustainment services in country to ensure readiness of the F414 engines,” said Paul Ferraro, Vice President of Defense Engines & Services at GE Aerospace.
