TSX:MALAerospace & Defense
Magellan Aerospace (TSX:MAL) Lands Canada Defence Contract As Valuation Questions Linger
Magellan Aerospace (TSX:MAL) recently reported a contract award from the Government of Canada to produce the M-72 Light Anti-Tank Weapon under the Munitions Supply Program, putting fresh focus on the stock’s defence exposure.
See our latest analysis for Magellan Aerospace.
Magellan Aerospace’s new M-72 LAW contract lands on top of strong recent momentum, with a 30-day share price return of 13.23%, a 90-day share price return of 40.85% and a 1-year total shareholder return of 110.92% pointing...