July 21, 2014
Héroux-Devtek renews important contract with Bell Helicopter
Héroux-Devtek, a leading Canadian manufacturer of aerospace products, has renewed an important multi-year contract with Bell Helicopter for the manufacturing of components and assemblies for several helicopter programs. Under the terms of the agreement, Héroux-Devtek will manufacture the main rotor hub and the tail rotor hub for the new Bell 505 Jet Ranger X, as well as for the Bell 206B and Bell 206L helicopter models. Héroux-Devtek will also manufacture tail rotor hubs, as well as other drive system components, for the Bell 212, Bell 407 and Bell 412 aircraft. The contract renewal spans a five-year period ranging from calendar year 2015 through calendar year 2019 and calls for the production of components for new aircraft and the aftermarket. Based on current program expectations, the total value of this multi-year agreement could exceed $46m.