Heroux-Devtek firms up landing gear supply agreement for Boeing's F/A-18 program and expands scope to Boeing's Advanced F-15 program, spare parts and services Français
LONGUEUIL, QC, May 21, 2019 /CNW Telbec/ - Héroux-Devtek Inc. (TSX: HRX) ("Héroux-Devtek" or the "Corporation"), a leading international manufacturer of aerospace products, today announced that it has concluded its previously announced agreement to supply the main landing gears for Boeing's F/A-18E/F Super Hornet and EA-18G Growler and has extended the scope of the agreement to include the manufacturing of the nose and main landing gears for Boeing's Advanced F-15 program. The extended scope will also include the supply of spare parts and aftermarket services for both defense aircraft programs and covers a period of performance of five years.
The original supply agreement, announced during the Farnborough Airshow on July 17, 2018, provided for the manufacture and assembly of main landing gears and side braces for Boeing's F/A-18E/F Super Hornet and EA-18G Growler, with first deliveries in the third quarter of 2020. This extended "Indefinite Delivery / Indefinite Quantity" scope now also includes the delivery of spare parts and aftermarket services for these landing gears. Additionally, the agreement has been extended to include the manufacture and assembly of the nose and main landing gears for Boeing's F-15 fighter jets, including spare parts and aftermarket services. First deliveries are expected to occur towards the beginning of 2023.
"This contract award represents a significant win for Héroux-Devtek. Becoming a key system manufacturer for two additional main defense aircraft programs for Boeing is a testament to the strength of our long-standing relationship with the world's largest aerospace company," said Gilles Labbé, President & CEO of Héroux-Devtek. "We are also excited to expand the scope of our original contract to include spare-parts and aftermarket services, which allows us to add further value to our business."
"As we celebrate our one-hundred-year partnership with Canada, it is through contracts like this that we can continue that legacy for the foreseeable future," said Roger Schallom, Boeing senior manager, Canada, International Strategic Partnerships. "Over the past year, Héroux-Devtek Inc. has demonstrated that they have the experience and capability to deliver quality parts and services that our F/A-18E/F and E/A-18G customers depend on, which has led to this extended scope to include our F-15 program."
This agreement, including the expanded scope, can satisfy current and future Industrial and Technological Benefits obligations to include the Canada's Future Fighter Capability Project, for which Boeing's F/A-18 Super Hornet Block III is a competitor.
About the Advanced F-15 program
Equipped with the latest technological upgrades, the Advanced F-15 is the most capable, survivable and maintainable multi role aircraft in its class available today. It derives from the combat proven F-15 fighter family, which is the backbone of air forces around the world. The Advanced F-15 is the low-risk and affordable multi-role fighter solution that delivers unmatched payload, performance and persistance.
PROFILE
Héroux-Devtek Inc. (TSX: HRX) is an international company specializing in the design, development, manufacture, repair and overhaul of aircraft landing gear, hydraulic and electromechanical flight control actuators, custom ball screws and fracture-critical components for the Aerospace market. The Corporation is the third largest landing gear company worldwide, supplying both the commercial and defence sectors. Approximately 90% of the Corporation's sales are outside of Canada, including about 50% in the United States. The Corporation's head office is located in Longueuil, Québec with facilities in the Greater Montreal area (Longueuil, Laval and St-Hubert); Kitchener, Cambridge and Toronto, Ontario; Springfield and Strongsville, Ohio; Wichita, Kansas; Everett, Washington; Livonia, Michigan; Runcorn, Nottingham and Bolton, United Kingdom; and Madrid and Seville, Spain.
SOURCE Héroux-Devtek Inc.
Héroux-Devtek Inc., Stéphane Arsenault, Chief Financial Officer, Tel.: (450) 679-3330; Investor Relations, Danielle Ste-Marie, Ste-Marie Strategy & Communications Inc., Mobile : (514) 465-6701, [email protected]
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