LONGUEUIL, QC, June 10 /CNW Telbec/ - Héroux-Devtek Inc. (TSX: HRX), a
leading Canadian manufacturer of aerospace and industrial products, today
announced that Bombardier Aerospace has awarded its Landing Gear Division a
contract to provide the landing gear for the newly launched Learjet 85
business aircraft program.
Under the terms of the agreement, Héroux-Devtek will design, develop,
fabricate, assemble, test and deliver landing gear structure and actuation for
the Learjet 85 aircraft. This life-cycle mandate also includes the provision
of spare parts.
"The Learjet 85 is an exciting new aircraft program and Bombardier
Aerospace is pleased that Héroux-Devtek is part of our team," said David
Coleal, vice-president and general manager, Learjet.
Launched on October 30, 2007, the new Learjet 85 aircraft will be the
first Bombardier Aerospace jet to feature an all-composite structure and will
be the first all-composite structure business jet designed for type
certification under FAR Part 25. An extraordinary advancement in next
generation flight, this structure will allow Learjet designers to maximize
cabin comfort while minimizing drag and improving performance. Exceptional
strength-to-weight ratio, reduced maintenance and extended service life are
key characteristics of all-composite airframes and the ultra smooth surfaces
of the carbon fibre structures permit superior aerodynamics. Other competitive
advantages of composites include reduced structural part count and
significantly less vulnerability to corrosion or fatigue damage than metal.
"We are proud that Bombardier has recognized Héroux-Devtek as a first
tier supplier for this important program. This is the second time in less than
a year that Héroux-Devtek has been selected to participate in the development
phase of a major program for one of our customers," commented Martin Brassard,
Vice-President and General Manager of Héroux-Devtek's Landing Gear Division.
"Our ability to win another design mandate is most significant as it confirms
the success of our strategy to develop proprietary products. It is clear that
the investments we have made in this area are now paying off."
"Héroux-Devtek has the capabilities and the expertise to support complete
development programs like the Learjet 85 aircraft; it is a growing market and
we are well positioned to support the demand," stated Gilles Labbé, President
and Chief Executive Officer of Héroux-Devtek. "We are most appreciative of the
confidence that Bombardier continues to manifest in our Company. This latest
contract speaks to the excellent relationship that the two organizations enjoy
and underlines the mutual esteem we have steadily built over the years."
In January, it was announced that Bombardier Aerospace had renewed a
five-year contract estimated at over Cdn$110 million with Héroux-Devtek's
Aerostructure Division to manufacture structural detail components that
encompass Bombardier's entire portfolio of Regional and Business Aircraft.
"This contract award continues to strengthen and grow our long term
business relationship with Héroux-Devtek, a Canadian first tier supplier for
our all new state-of-the-art Learjet 85 business jet.", said Janice L. Davis,
vice-president, Supply Chain, Bombardier Aerospace.
Héroux-Devtek (TSX: HRX), a Canadian company, serves two main market
segments: Aerospace and Industrial Products, specializing in the design,
development, manufacture and repair of related systems and components.
Héroux-Devtek supplies both the commercial and military sectors of the
Aerospace segment with landing gear systems (including spare parts, repair and
overhaul services) 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.
Approximately 70% of the Company's sales are outside Canada, mainly in the
United States. The Company's head office is located in Longueuil, Québec with
facilities in the Greater Montreal area (Longueuil, Dorval, Laval and
Rivière-des-Prairies); Kitchener and Toronto, Ontario; Arlington, Texas and
Except for historical information provided herein, this press release may
contain information and statements of a forward-looking nature concerning the
future performance of the Company. These statements are based on suppositions
and uncertainties as well as on management's best possible evaluation of
future events. Such factors may include, without excluding other
considerations, fluctuations in quarterly results, evolution in customer
demand for the Company's products and services, the impact of price pressures
exerted by competitors, and general market trends or economic changes. As a
result, readers are advised that actual results may differ from expected
For further information:
For further information: Héroux-Devtek Inc.: Gilles Labbé, President and
Chief Executive Officer, (450) 679-3330; MaisonBrison: Martin Goulet, CFA,