Contract to Manufacture Landing Gear Components and Assemblies for KC-390

November 04, 2016

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Héroux-Devtek Inc. (TSX:HRX) ("Héroux-Devtek" or the "Corporation"), a leading international manufacturer of aerospace products, today announced that it has been awarded supplemental work by Embraer to provide landing gear components and assemblies for the KC-390 aircraft. The contract broadens the scope of an existing agreement and will span over the life of the program.

Under the terms of the agreement, Héroux-Devtek will manufacture, assemble and deliver landing gear components for new aircraft production and spare parts requirements. The work will be performed at certain Héroux-Devtek facilities located in the United Kingdom, United States and Canada.

The KC-390 is a new multi-mission transport aircraft and, as at October 1 st , 2016, the program had received 28 firm orders from the Brazilian Air Force as well as letters of interest from five other nations, representing potential orders for 32 additional aircraft.

"Héroux-Devtek is delighted to further expand its reach on the KC-390 program and to enhance its relationship with Embraer. This agreement will generate revenues for an extended period of time as it spans the entire life of the program. We are looking forward to once again demonstrate that our wide manufacturing footprint provides us with the flexibility to react quickly in order to supply competitive, high-quality solutions to leading OEMs of the global aerospace industry," said Martin Brassard, Vice-President and Chief Operating Officer of Héroux-Devtek.

Source : Heroux-Devtek Inc.