RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%
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Heroux-Devtek reports 6.6% jump in Q2FY24 sales, NPAT drops by 2%
Image source: shutterstock.com
Highlights
Heroux-Devtek Inc (TSX: HRX) is involved in designing, development, manufacturing, and repairs of landing gear and actuation systems and components for the aerospace market. It is also engaged in production of electronic enclosures, heat exchanges, and cabinets for airborne radars, electro optic systems, and aircraft controls via megatron operations and fluid filters products through its Bolton operations. Its products portfolio includes military fighter and transport aircraft, helicopters, jets, electronic enclosures, heat exchangers, and cabinets.
Recently, the company hit a significant milestone with its selection by ITP Aero to spearhead the development of its avant-garde technologies, confirming its onboarding to the FCAS program.
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