Heroux-Devtek lands $35 million in new contracts
Orders include new long-term contract from Boeing and additional military ordersComments Off on Heroux-Devtek lands $35 million in new contracts
Longueuil, QC — Heroux-Devtek Inc, the Québec-based manufacturer of aerospace and industrial products, announced that its Landing Gear product line operations have been awarded several contracts to manufacture components and assemblies for commercial and military aircraft. The company estimates the value of the various contracts at approximately $35 million.
First, the Boeing Company awarded a contract to provide actuator assemblies supporting the B-777 program. Under the terms of the contract, Héroux-Devtek will manufacture, assemble, test and deliver the landing gear retract actuators for new aircraft production and spare parts requirements. Deliveries are scheduled to begin early in calendar 2013, coinciding approximately with the second production rate increase on the B-777 program, following an initial increase in mid-2011.
Second, Heroux-Devtek received orders to fabricate landing gear components for various military aircraft programs. These orders, essentially from the US Air Force and US Navy, are mainly for the F-15, F-16 and P-3 aircraft. Deliveries will begin in fiscal year 2012 and will be spread over a four-year period.