Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Héroux-Devtek wins landing gear contract Add to ...

Héroux-Devtek Inc. announced Thursday that its order backlog includes $25-million in contracts for landing gear assemblies for C-130J Super Hercules aircraft being built for the Canadian Forces.

Production will be carried out at the company's Longueuil facility, with deliveries spread out to September, 2012.

More Related to this Story

The orders were awarded by Lockheed Martin Aeronautics in connection with the purchase in December 2007 of 17 C-130J aircraft by the Canadian government. The aircraft is known as the CC-130J in the Canadian Forces.

"Héroux-Devtek has been actively involved on the (C-130)program for over 25 years and has been a highly reliable supplier of new C-130J landing gears to Lockheed Martin for nearly 15 years," said Héroux-Devteck president and chief executive officer Gilles Labbe.

"The C-130 is now the longest continuous military production program in history and we are proud to further contribute to its durable success with orders that confirm our status as a leading provider of high-quality landing gear products and services."

Héroux-Devtek serves both the military and commercial aerospace markets supply landing gear systems and airframe structural components. The company also supplies the industrial segment with large components for power generation equipment and precision components for other industrial applications.

Its shares were up 5 cents at $5.05 Thursday morning on the Toronto Stock Exchange.



Follow us on Twitter: @GlobeInvestor

 
Live Discussion of HRX on StockTwits
More Discussion on HRX-T

More Related to this Story

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories