GE Aerospace (GE) said Wednesday that it has entered into a memorandum of understanding with Magellan Aerospace to establish maintenance, repair, and overhaul capabilities in Canada for the F414-GE-39E engine.
The MoU is predicated on whether the Canadian government proceeds with the acquisition of the Saab JAS 39 Gripen E fighter for the Royal Canadian Air Force fighter fleet, GE Aerospace said.
Under the agreement, GE Aerospace will provide training and license Magellan to support the operational readiness, availability, and long-term performance of Canada's F414 fleet, the company said.
Financial terms related to the agreement were not disclosed.
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