Héroux-Devtek to manufacture landing gear for C-130J aircraft

Héroux-Devtek, a leading Canadian manufacturer of aerospace and industrial products, has been awarded a seven-year contract by Lockheed Martin Aeronautics Company to manufacture the landing gear for the C-130J Super Hercules aircraft. Under the terms of the agreement, Héroux-Devtek will manufacture and assemble the landing gear for Lockheed Martin’s global production of C-130J aircraft and provide spare parts over a seven-year period beginning in January 2012. Based on current program expectations, the contract has a potential total value of approximately $70 million. Following procurement of 17 aircraft by the Government of Canada, known as CC-130J for the Canadian Forces, as well as by other nations around the world, production of the C-130J aircraft is expected to rapidly ramp-up over the short-to-midterm. This contract is also part of Canada’s Industrial and Regional Benefits (“IRB”) Policy.