Magellan Aerospace announced Wednesday that it has won the contract for engine repair and overhaul of the F404 engine that powers Canada's fleet of CF-188 Hornet aircraft.
The one-year, follow-on option year contract commenced on 1 April 2015, and has projected value added revenue of CDN $16 million.
Under the terms of the contract, the Corporation will provide maintenance, engineering, material management, provision of Field Service Representatives, and Publication support for the CF-188 F404 engine and ancillary components.