Héroux-Devtek Inc. (TSX: HRX), a leading Canadian manufacturer of aerospace and industrial products, today announced that Sikorsky Aircraft Corporation has awarded its Landing Gear Division a contract to participate in the CH-53K Heavy Lift Helicopter program. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX).
Under the terms of the agreement, Héroux-Devtek will design, develop, fabricate, assemble, test and deliver the Helicopter's landing gears and tail bumper during the CH53K Heavy Lift program's Systems Design and Development (SDD) phase. This development phase of the program includes the production of landing gears and tail bumper assemblies for 8 systems.
The Production phase of the program, with the delivery of two (2) systems for the Low Rate Initial Production phase in 2013 and four (4) systems in 2014, is expected to lead to 156 deliveries to the U.S. Marine Corps under current program expectations. Total revenue for the SDD and the Production Phase, which will be awarded in a separate contract, is expected to exceed $95M.
"The fact that Héroux-Devtek has been selected by Sikorsky to participate in the development phase of this important program is a sign of confidence in our expertise and our ability to deliver on the most complex assignments," stated Martin Brassard, Vice President and General Manager of Héroux-Devtek Landing Gear Division. "We are very enthusiastic to work with the Sikorsky
team and look forward to developing this new long term relationship with a world leader like Sikorsky," stated Gilles Labbé, President and Chief Executive Office of Héroux-Devtek Inc.
Contact details from our directory: | |
Héroux-Devtek Inc. | Aircraft Landing Gear, Fatigue Testing, Hydraulic Actuators, Torque Tube Drives, Aircraft Structural Components, Linear Actuators, Rotary Actuators, Wings, Fuselage Sections, Helicopter Landing Gear, Avionics Racks, Mechanical Actuators |
Sikorsky, a Lockheed Martin company | Airframer |
Related aircraft programs: |
Sikorsky CH-53K King Stallion |
Related directory sectors: |
Landing Assemblies |
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