That size transistor is called a TO-3. I checked with the usual electronics component sources for TO-3 sized transistors, whether they're suitable for an ignition module or not. (As others have noted, there's a lot of power supply or audio amplifier transistors that won't fit the voltage demands even if they're in a big, well cooled case.) I came up with a few that were priced at $10, obsolete, and when they're gone, they're gone. And some others that were priced at $50 each. As for the original manufacturers: RCA was sold to General Electric, who used to make transistors but dropped that side of the business before they bought RCA. Motorola's semiconductor line spun off as Freescale and was acquired by NXP, who continues many of their chips but hasn't been making individual transistors.
If you want to make a module that looks like the originals, and sell it at a reasonable price, you can either dredge up obsolete parts from dead inventory that was sitting in somebody's warehouse that they no longer needed, or throw a fake cosmetic transistor on there.
There are a lot of more contemporary transistor designs out there that make less heat and shed it quite well, but they call for their own approach to heat sinking. Bolting something like a TO-220 or TO-247 to the back of that heat sink from inside the case would get you something close to the original look; you may even be able to use one of the bolts that holds the TO-3 in place. Or you could ditch the stock appearance, design the circuit around something that would properly drive a modern IGBT or similar transistor, and design the mechanical bits based on what heat sinking your new circuit needs.