LONGUEUIL, Que. — Héroux-Devtek Inc., the Quebec-based manufacturer of aerospace products has announced that their wholly-owned subsidiary, HDI Landing Gear USA Inc., has signed a long-term contract with Boeing to supply landing gear systems for the Boeing 777 and 777X programs.
The contract is the largest ever awarded to the companys landing dear operations, and follows the signature of a Memorandum of Agreement (MOA) with Boeing, announced on September 16, 2013.
Under the terms of the deal, HDI Landing Gear will supply complete landing gear systems, including the main and nose landing gear, and the nose landing gear drag strut.
The contract includes manufacturing parts for Boeing to sell in the aftermarket. Deliveries will begin in early calendar 2017, with an option to extend the contract through 2028.
The signature of this long-term contract brings Héroux-Devtek one step closer to initiating the execution of the largest contract ever awarded to its landing gear operations, said Gilles Labbé, President and Chief Executive Officer of Héroux-Devtek.
The entire organization is excited about this development and eager to demonstrate its world-class capabilities in producing large-scale, complete landing gear systems. Furthermore, we are in the process of finalizing our plan for capital investments required to carry out this mandate.
Part of the decision to award the contract was Boeings Industrial Regional Benefits (IRB) commitment in Canada.
Canadas IRB policy requires prime contractors such as Boeing to make investments in the Canadian economy as a result of winning defence and security contracts with the federal government.