# thyssenkrupp Aerospace and Magellan Aerospace sign 10-year contract extension

thyssenkrupp Aerospace agreed to a 10-year contract extension to manage material demand for Magellan Aerospace (UK) Limited, covering supply chain management for facilities in Europe and India. Additionally, thyssenkrupp is investing $4 million to expand its site in India with a new processing warehouse.

- Type: Contract
- Announced: 2024-07-22
- Where: United Kingdom
- Value: $4.00M
- Status: announced
- Products: aluminum plates, tube and extrusion products
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Magellan Aerospace](https://endata.com/companies/15740.md) (customer)
- [thyssenkrupp Aerospace](https://endata.com/companies/33121.md) (supplier)

## Sources

- [thyssenkrupp-materials-services.com](https://www.thyssenkrupp-materials-services.com/en/press-detail/thyssenkrupp-aerospace-supports-magellan's-global-expansion-with-renewed-partnership-274427), 2024-07-22: "thyssenkrupp Aerospace will handle the entire supply chain management of raw materials, warehousing and other processing services for Magellan’s facilities in Europe and India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.