Heroux-Devtek Inc.
TSX : HRX

Heroux-Devtek Inc.

June 02, 2015 10:53 ET

Heroux-Devtek Proudly Salutes the Roll-Out of the First Dassault Falcon 5X

Aircraft equipped with landing gear designed and developed by Heroux-Devtek

LONGUEUIL, QUÉBEC--(Marketwired - June 2, 2015) - Héroux-Devtek Inc. (TSX:HRX) ("Héroux-Devtek" or the "Corporation"), a leading international manufacturer of aerospace products, is proud to be a partner on the new Falcon 5X program and congratulates Dassault Aviation on the roll-out of its new business aircraft from the Bordeaux-Merignac facility, in France, on June 2, 2015. The aircraft is equipped with a landing gear designed, developed and tested by Héroux-Devtek's engineering team through a long-term contract that also includes the provision of spare parts.

"Héroux-Devtek is excited with the ongoing progress of the Falcon 5X program. This roll-out is an important step in preparation for the aircraft's first flight and we are looking forward to further support Dassault in the execution of our life-cycle agreement, as we move closer to the production phase," said Martin Brassard, Vice-President and Chief Operating Officer of Héroux-Devtek.

PROFILE

Héroux-Devtek Inc. (TSX:HRX) is an international company specializing in the design, development, manufacture and repair and overhaul of landing gear and actuation systems and components for the Aerospace market. The Corporation is the third largest landing gear company worldwide, supplying both the commercial and military sectors of the Aerospace market with new landing gear systems and components, as well as aftermarket products and services. The Corporation also manufactures hydraulic systems, fluid filtration systems, electronic enclosures, heat exchangers and cabinets for suppliers of airborne radar, electro-optic systems and aircraft controls. Approximately 75% of the Corporation's sales are outside Canada, including about 50% in the United States. The Corporation's head office is located in Longueuil, Québec with facilities in the Greater Montreal area (Longueuil, Laval and St-Hubert); Kitchener, Cambridge and Toronto, Ontario; Springfield and Cleveland, Ohio; Wichita, Kansas; and Runcorn, Nottingham and Bolton, United Kingdom.

FORWARD-LOOKING STATEMENTS

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 Corporation. 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 Corporation'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 results.

Contact Information

  • Heroux-Devtek Inc.
    Martin Brassard
    Vice-President and Chief Operating Officer
    (450) 679-3330

    MaisonBrison
    Martin Goulet, CFA
    (514) 731-0000