The Government of Canada spent an estimated $6.5M in 2021-2022 on contracts with Magellan Aerospace.
Across 19 contracts active since the start of the 2017-2018 fiscal year, 4 have at least one amendment (21%). Of contracts with amendments, the average increase in dollar value was 930% and the average number of amendments was 1.5. Cumulatively these amendments represent an increase of $399.6K over the original contract values.
The average contract duration was 2.17 years, and the average contract value (not including contracts under $10k) was $3.7M. The longest contract was 6.01 years. The largest contract by value (including amendments) was $27.3M.
