Moving Forward

«Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible»
Saint Francis of Assisi
Performance | amCharts

Remarkable events

October 2019

Bell-Textron for the design and supply of V247 landing system

October 2018

Partecipation in the NBAA trade show – Orlando – FL (USA), exhibiting all MAG products

November 2019

Boat Builder Award (sliding and tilting door for super yachts)

November 2019

Airbus Helicopters H160 Retractable Footstep contract

December 2018

Appointment of the new board of directors and governance bodies (Manager in charge of financial reporting)

December 2018

MOU with VR-Technologies for collaboration on the VRT-500 aircraft

January 2019

Airbus Helicopters H160 Stylence Interiors contract

January 2019

NH500C aircraft support contract with Italy’s Air Force Ministry of Defence

March 2019

Participation in Heli-Expo Atlanta – GA (USA), unveiling of the B505 with FCS and MAGnificent interiors MAG

April 2019

Sales contract for new business jet landing system

April 2019

MAG’s World class meeting 2019

June 2019

Sales contract for FCS VRT-500 with Russian Helicopters

June 2019

AW139 aircraft support contract extension with New Jersey State Police

July 2019

Incorporation of Vertex Aero S.r.l. as part of DOA project

July 2019

Technology transfer contract with VR-Technologies LLC

September 2019

Bell-Textron contract for the design and supply of the FARA landing system

September 2019

Assembly of first landing gear retraction actuator for the Airbus A350

MAG'S HISTORY AT A GLANCE

Every stage of MAG’s path to establishing itself as a system integrator and provider of services for the aerospace industry has had a dedicated strategic focus.

1995-2002
FOUNDATION OF FUTURE GROWTH

The basis for future growth was laid in the first stage, involving small acquisitions and equipping the group with tools and an organisation based on maturity models.

2003-2008
ACCELERATED INNOVATION

The common theme of the second stage was the scaling up of research and development as part of strategic partnerships, with the main aim of developing sound technological expertise and broadening the product range.

2009-2019
PORTFOLIO DIVERSIFICATION

The third stage was dedicated to commercial diversification in terms of customers as well as operating and geographical segments. The contracts won in this stage project MAG into the future with a growing competitive edge and make it less susceptible to cyclical factors.

2020-2022+
UNLEASHING MAG'S FULL POTENTIAL

The stage commencing with 2020 is the period over which MAG will achieve its organic growth potential, enabling it to scale up volumes.

Business Lines: Actuation and Landing Systems

Revenue (Eur/000): 84.449

Operating sites (N.): 2

Employees and contractor (N.): 369

BUSINESS LINES: Aircraft services

Revenue (Eur/000): 44.705

Operating sites (N.): 3

Employees and contractor (N.): 214

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