MONTREAL - Heroux-Devtek (
TSX:T.HRX,
Stock Forum) says it expects to sign the largest landing gear contract in the company's history later this year to supply complete systems for Boeing's 777 and 777X aircraft, a deal said to be worth up to US$80 million a year.
The Quebec-based company says it’s HDI Landing Gear USA subsidiary signed a memorandum of agreement that paves the way for deliveries to begin in 2017 and, with an option, could extend through 2028.