GE Aerospace and Magellan Aerospace Sign Memorandum of Understanding for F414 Sustainment

FARNBOROUGH, England--(BUSINESS WIRE)--Jul 22, 2026--

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.

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“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.

"This MOU reflects our shared intent to build enduring sovereign aerospace capabilities in Canada," said Haydn Martin, Magellan’s Vice President, Business Development, Marketing, and Contracts. "Should the Saab JAS 39 Gripen E aircraft be selected, Magellan Aerospace will be ready to provide world-class engine maintenance, repair and overhaul services that enhance operational readiness for the Royal Canadian Air Force while maintaining highly skilled Canadian jobs, developing advanced technical expertise, and strengthening Canada's long-term defence industrial capacity."

Under the agreement, GE Aerospace would provide training and license Magellan as Canada's domestic center of excellence for engine sustainment, delivering comprehensive MRO services to support the operational readiness, availability, and long-term performance of the Royal Canadian Air Force F414 fleet. The MRO work would take place at Magellan’s Mississauga facility. The initiative would represent the next phase of Magellan’s legacy of providing Canada with the sovereign capability for advanced military engine support, ensuring that critical maintenance expertise, specialized infrastructure, and highly skilled technical personnel are developed and retained within Canada. The capability would also strengthen Canada's defense industrial base drawing on the ‘build, partner, buy’ guidance described within the Defense Industrial Strategy for a critical element of the nation's future air combat capability.

With more than five million flight hours, the F414 engine continues to exceed goals for reliability, durability, and time on wing. The F414 offers unrestricted engine performance on demand with rapid engine throttle response and zero throttle restrictions. The engine’s six-module architecture is easy to maintain and interchangeable to keep life-cycle costs low. With no scheduled overhauls and on-condition maintenance, the F414 maximizes engine availability More than 1,600 F414 engines have been delivered to eight nations.

About GE Aerospace

GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 50,000 commercial and 30,000 military aircraft engines. With a global team of approximately 57,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow, and the future at www.geaerospace.com.

About Magellan Aerospace Corporation

Magellan Aerospace Corporation is a Canadian headquartered global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence 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.

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(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.

WASHINGTON (AP) — The United States has confirmed for the first time that it has deployed weapons in space, a remarkable revelation after previous warnings about countries such as Russia possibly weaponizing a global frontier long agreed in treaties to be used for only peaceful purposes.

Air Force Secretary Troy Meink told the Air and Space Cyber Conference in Maryland on Monday that the U.S. has fielded “on-orbit space control weapons capable of defending the Joint Force against hostile adversary action.”

Meink did not detail what the weapons were, how they work or if they were targeting other objects in space or on Earth. The U.S. had warned two years ago that Russia was developing a new space-based, anti-satellite weapon, though the White House said the danger wasn’t imminent at the time.

But reports of the anti-satellite weapon reflected longstanding worries about space threats from Russia and China, given that much U.S. infrastructure is dependent on satellite communications. The U.S. has also previously demonstrated its own abilities to shoot down satellites from Earth.

In his remarks, Meink also said the Air Force was adding more autonomous systems to its capabilities and predicted the service would look “radically different” by 2032. For example, he foresaw one-way attack drones replacing artillery as the “primary killer.”

“We are increasing readiness against existing threats," he said.

The revelation comes as the Trump administration puts a growing focus on space.

In 2019, during his first term, Trump created the Space Force as a separate military branch. In his second term, he has announced the “Golden Dome” missile defense system, which includes plans to put U.S. weapons in space.

Trump said last year that he expected the system would be “fully operational before the end of my term,” which ends in January 2029, and have the capability of intercepting missiles “even if they are launched from space.”

Trump also has directed the Pentagon to pursue the space-based interceptors, in an executive order during the first week of his presidency.

The Congressional Budget Office estimated that just the space-based components of the Golden Dome could cost as much as $542 billion over the next 20 years.

The Biden administration announced in 2024 that Russia was developing a space-based nuclear weapon that could loiter in space for long durations, then release a burst that would take out satellites around it.

That kicked off a renewed debate on the idea of weapons in space at the United Nations.

In April 2024, Russia vetoed a joint U.S.-Japanese resolution that would have called on all countries not to develop or deploy nuclear arms or other weapons of mass destruction in space, as banned under a 1967 international treaty that included the U.S. and Russia.

The treaty also declared that outer space was a global commons that could be used for only peaceful purposes.

The Russian delegation called the resolution hypocritical and a double standard and instead proposed a rival resolution to ban all weapons in space “for all time.” It ultimately failed.

Russia had argued that the United States and its allies opposed a ban on all weapons in outer space because they planned to deploy weapons there.

FILE - Secretary of the Air Force Troy Meink speaks during the United States Air Force Academy Graduation Ceremony at Falcon Stadium, Thursday, May 28, 2026, at the United States Air Force Academy in Colorado Springs, Colo. (AP Photo/Matt Rourke, Pool, File)